Contessa Townhomes
Price: $1,500,000
- Location: 9526 Contessa Drive, San Antonio, TX 78216
- Year Built: 1965
- Total Units: 20
- Status: Available
Contessa offers tenants a two-story townhome style of living conveniently located close proximity to US-281 and IH-410, major San Antonio highways. These extra large floor plans are only minutes from major retail and employment hubs of North Star Mall and Park North Plaza. This asset is very well maintained, and recent capex includes new roofs, new pavement / striping, and new boilers. Contessa offers value-add potential through continued interior upgrades, is individually metered for electric, and has existing RUBS system in place for water/gas/trash.
Palm Gardens
Price: $3,000,000
- Location: 4314 Gillis Street, Austin TX 78745
- Year Built: 1973 / Renovated 2016
- Total Units: 24
- Status: Available
Palm Gardens Apartments is a well-maintained infill asset in Austin's South apartment submarket. Built 1973 and freshly remodeled in 2016, Palm Gardens consists of 24 units, all one-bedroom floor plans. The property's attractive location at the confluence of State Highway 290, I-35, and South Lamar make this stabilized asset an outstanding acquisition opportunity with long-term stability and the potential for condo conversion.
Hillcrest Apartments
Price: $4,800,000
- Location: 2903 Hillcrest Dr, San Antonio, TX 78201
- Year Built: 1963
- Total Units: 91
- Status: Available
Hillcrest is a balanced mix of large floor plans ideally located at the intersection of Highway 10 and IH-410, near the largest San Antonio employment drivers. Occupancy remains steady at 95%, and asset offers continued value creation through utility income and streamlined management.
Donaldson Villas
Price: $3,400,000
- Location: 1315 Donaldson Avenue, San Antonio, TX
- Year Built: 1969
- Total Units: 57
- Status: Under Contract
Donaldson Villas is a well maintained, stable operation sitting at 98% occupancy and is perfectly positioned for a value-add investor. This apartment property is garden style, with a pool, leasing office, and laundry facility on site, presenting an excellent opportunity to capitalize on continued rent growth and value appreciation in northwest San Antonio. Please inquire for additional information.
Pecan Orchard Apartments + Development
Price: $3,000,000
- 760 E Mather Street, New Braunfels, TX 78130
- Year Built: 1997
- Total Units: 19
- Total Acreage: 4.3829 Acres Zoned High Density Residential
- Status: Closed 2018
Pecan Orchard Apartments consist of 19 existing units that are fully occupied and in excellent condition. The asset sits on the banks of the Guadalupe River in a resort style community less than a mile from the heart of downtown New Braunfels. Opportunity exists to develop the back acreage of the property which is already zoned High Density Residential with additional multifamily or condos. Please inquire for additional information.
The Commons Portfolio
Price: $7,250,000
- Location: Caldwell, Giddings, Somerville, & Cameron, TX
- Year Built: 2009-2015
- Total Units: 79
- Status: Under Contract
The Commons Portfolio is the benchmark investment for Class A Multifamily in Giddings, Somerville, Caldwell, and Cameron, Texas. This unique offering sets precedent as the Best-in-Class asset for each of these tertiary markets boasting healthy occupancy and strong rent growth outpacing most major Texas MSAs.
River Ranch Apartments
Price: $10,500,000
- Location: New Braunfels (Canyon Lake), TX
- Year Built: 2011/2017
- Total Units: 104
- Status: Closed 2017
New construction multifamily boasting historic 98% occupancy with continued rent growth in Greater New Braunfels, one of the fastest growing Texas economies also ranked 2nd nationally in population growth. This asset offers tenants a resort style way of life conveniently located minutes from the boating, sailing, and water sports of Canyon Lake.
Pecan Hill Apartments
Price: Confidential
- Location: 5420 Callaghan Rd, San Antonio, TX
- Year Built: 1985
- Total Units: 39
- Status: Closed 2017
Visible from major thoroughfare feeding directly into South Texas Medical Center, the largest and most prolific employer in the San Antonio MSA. Well maintained asset with value-add potential through interior upgrades. Individually metered with RUBS in place, these garden style apartments with courtyard and amenities are ideal for immediate rent growth and long term appreciation.
Valley View Apartments
Price: TBD by market
- Location: Austin, Texas
- Year Built: 1981
- Units: 24
- Status: Closed 2017
Valley View Apartments, located in the highly sought after Hill Country in southwest Austin, is a fully stabilized property with a value add potential in updating unit interiors.
Northeast Village
Price: $1,470,000
- Location: San Antonio, Texas
- Year Built 1986
- Units: 28
- Status: Closed 2017
Excellent I-35 Corridor location in Northeast San Antonio near largest retail center in the city (Forum at Olympia Pkwy) and Rackspace Headquarters. While operation is currently stable at 93% occupancy, there is significant value-add potential through repairing 2 down units, converting owner unit to revenue unit, and through improved management upside.
Chelsea Place
Price: Confidential
- Location: San Antonio, TX
- Year Built: 1972
- Total Units: 22
- Status: Closed 2017
Strategically located on Vance Jackson near the Intersection of I-10 and I-410, these well-appointed units are conveniently located between downtown and the South Texas Medical Center, the largest employment driver in the city (50k+ jobs). Ideal opportunity for a value-add investor ready to upgrade aesthetics on an age appropriate asset with little to no deferred maintenance.
San Antonio Portfolio
Price: $1,300,000
- Location: San Antonio, TX
- Year Built: 1957, 1960, 1940
- Total Units: 22
- Status: Closed 2017
These three smaller assets (6, 8, and 8 units) are ideally located in submarkets of San Antonio boasting fastest rent growth and value appreciation in the city (Government Hill, Alamo Heights, Alta Vista). Opportunity is eligible for new debt and offers 14% cash-on-cash return Year One when leveraged with financing.
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