16-Unit Multifamily in San Antonio, TX

West End Flats presents a rare opportunity to acquire a fully occupied 16-unit apartment community that combines the stability of a single-tenant net lease with the long-term value of multifamily ownership.

Located at (address on request) in San Antonio's established Woodlawn Lake submarket, the property consists of two masonry apartment buildings totaling approximately 14,112 square feet on 1.13 acres. Unlike a traditional apartment investment requiring management of multiple residential leases, the entire community is secured by a 36-month commercial NNN master lease, providing investors with one tenant, one contractual monthly payment, and built-in 5% annual rent escalations.

This unique investment structure delivers immediate cash flow while significantly reducing day-to-day management responsibilities. Instead of underwriting vacancy, turnover, collections, and recurring leasing costs across sixteen individual units, investors benefit from a predictable contractual income stream backed by a single commercial lease.

Beyond the in-place income, West End Flats offers exceptional long-term flexibility. At lease expiration, ownership may renew the master lease, transition the property back to conventional apartment operations, reposition the asset to capture market rents, or pursue redevelopment under the existing MF-33 multifamily zoning. Few investment opportunities offer this combination of stabilized income today and multiple value-creation strategies for the future.

The property's location further strengthens the investment thesis. Situated minutes from Downtown San Antonio, St. Mary's University, the South Texas Medical Center, and major employment corridors, the Woodlawn Lake submarket continues to experience strong rental demand supported by one of the fastest-growing metropolitan areas in the United States.

West End Flats is ideally suited for 1031 exchange buyers, family offices, private investors, multifamily operators, and passive capital seeking stable contractual income with meaningful long-term appreciation potential. The combination of a fully occupied apartment community, commercial NNN lease structure, contractual rent growth, and future redevelopment optionality creates an investment opportunity rarely available in today's market.

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Multifamily | 8% CAP | 16 Units

A Multifamily Investment That Performs Like a Net Lease Asset

West End Flats presents a rare opportunity to acquire a fully occupied 16-unit apartment community secured by a single commercial NNN master lease. Rather than managing sixteen individual residential leases, ownership receives one contractual monthly payment from a single tenant, creating the operational simplicity of a net lease investment while preserving the long-term appreciation potential of multifamily real estate. It is a structure rarely found in the market and one that appeals to investors seeking predictable income with minimal day-to-day management.

Predictable Income with Built-In Growth

The property is leased under a 36-month commercial master lease featuring contractual 5% annual rent escalations. Income growth is defined by the lease rather than dependent on future leasing assumptions, turnover, or market conditions. Investors acquire an asset with immediate cash flow, scheduled rent growth, and a stabilized income stream from the day of closing.

A True Passive Investment Opportunity

West End Flats was designed to simplify ownership. Instead of coordinating leasing, collections, vacancies, and resident turnover across multiple units, investors manage a single commercial tenant relationship backed by one monthly payment. The result is a multifamily investment that behaves much like a traditional single-tenant commercial asset while retaining all of the benefits of apartment ownership.

Multiple Exit Strategies Create Long-Term Value

Few investments offer this level of flexibility. At the conclusion of the lease term, ownership may renew the master lease, transition the property back to conventional apartment operations, reposition the asset for increased rental income, pursue redevelopment under the existing MF-33 zoning, or sell into multiple buyer pools. The contractual income stream provides stability today while preserving significant optionality for tomorrow.

Prime Infill San Antonio Location

Situated on approximately 1.13 acres in San Antonio's established Woodlawn Lake submarket, West End Flats benefits from strong long-term multifamily fundamentals and proximity to Downtown San Antonio, St. Mary's University, the South Texas Medical Center, major transportation corridors, and numerous employment centers. The surrounding area continues to experience investment and redevelopment while maintaining consistent rental demand driven by one of the nation's fastest-growing metropolitan areas.

An Exceptional Opportunity for 1031 Exchange and Private Capital

West End Flats offers the combination of immediate cash flow, contractual rent growth, and operational simplicity that many investors seek but rarely find. The property's stabilized income profile makes it particularly attractive for 1031 exchange buyers, family offices, private investors, and passive capital seeking a predictable investment with meaningful long-term appreciation potential.

A Differentiated Investment