The Magnolia

317 Preusser St, San Angelo, TX 76903

  • For Sale Contact for Price
  • Property Type Multi-Family
  • Property Size 5,792 SF
  • Units 8
  • Lot Size 0.3 Acre
  • Year Built 1974
  • Date Updated Mar 24, 2025
The Magnolia Apartments are located in San Angelo, Texas, a city of nearly 100,000 residents in central Texas, situated between Austin and Midland. San Angelo is home to Angelo State University, with 10,500 students, and key employers like Shannon Health System and Goodfellow Air Force Base. With a strong local economy and vibrant community, San Angelo offers an ideal location for investment.The Go-Getters Multifamily Team is excited to present the exclusive listing for the Magnolia Apartments in San Angelo, TX. This property consists of 8 units, each 724 square feet with 1 bedroom and 1 bathroom. Over the past year, the current ownership group has invested more than $98,000 in unit upgrades and over $50,000 in capital improvements, including extensive renovations and property enhancements. This presents a excellent opportunity to acquire an upgraded property with minimal operational changes needed to further increase NOI.
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Reach out to the broker for more info on lease terms and amenities

Highlights

  • More than $150K in upgrades.
  • Strong yield from day one.
  • 100% Occupancy.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City San Angelo, TX
  • Zip Code 76903

Points of Interest

  • Alon

    0.49 miles

  • Shell

    0.61 miles

  • Stripes

    1.28 miles

  • Murphy USA

    2.23 miles

  • Blink

    4.02 miles

  • Hilton Hotel

    0.33 miles

  • Oakes Hotel Building

    0.38 miles

  • Jameson Inn Pearl on the Concho

    0.39 miles

  • Clarion Hotel

    0.44 miles

  • Knights Inn San Angelo

    0.89 miles

  • Econo Lodge San Angelo

    0.91 miles

  • Motel 6

    0.92 miles

  • Best Western

    1.18 miles

  • Super 8 by Wyndham San Angelo

    1.55 miles

  • Inn of the Conchos

    1.66 miles

  • Miss Hatties Restaurant

    0.45 miles

  • Angry Cactus

    0.53 miles

  • Schlotzsky's

    0.77 miles

  • Which Wich?

    0.78 miles

  • Popeyes

    0.83 miles

  • Julio's Burritos

    0.83 miles

  • Burger King

    0.83 miles

  • McDonald's

    0.87 miles

  • Taco Bueno

    0.99 miles

  • Pizza Hut

    1.05 miles

  • Central Freshman Campus

    0.32 miles

  • San Jacinto Elementary School

    0.56 miles

  • Carver Learning Center

    0.94 miles

  • Fort Concho School

    0.95 miles

  • Fort Concho Elementary School

    0.95 miles

  • Guadalupe School

    0.98 miles

  • Ambleside School of San Angelo

    1.04 miles

  • John H Reagan Elementary School

    1.11 miles

  • Central High School

    1.13 miles

  • Howard College

    2.99 miles

  • Southwest Children's Academy

    4.80 miles

Frequently Asked Questions

How much does The Magnolia cost?

The sale price for The Magnolia is available upon request. Contact the listing broker for more information.

What is the total square footage of The Magnolia?

The Magnolia totals 5,792 square feet.

When was this property built?

The Magnolia was built in 1974.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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