Villas at Oak Hills
Price: Confidential
7314 Oak Manor Drive, San Antonio, TX 78229
Year Built: 1965
Units: 57
Status: Under Contract
Prime location in South Texas Medical Center, this asset rests between the University of Texas Health Science Center and the Oak Hills Country Club and Golf Course with visibility from the heavily trafficked Louis Pasteur Drive. Well maintained asset with huge potential through value-add strategy given location and ideal renter demographic. Amenities include swimming pool, office on site, covered parking and laundry. Available to new financing.
N. Campus & Hyde Park Portfolio
Price: $3,175,000
Location(s): 616 W. 35th Street, Austin, TX 78705 and 708, 710, & 712 E. 45th Street, Austin, TX, 78751
Year Built: 2003-2005
Total Beds: 21
Status: Available
ACR Multifamily is proud to announce the exclusive offering of the N. Campus & Hyde Park Single Family Rental Portfolio located in Austin, TX. Constructed in 2003 and 2005, this portfolio consists of 21 rentable beds spread throughout one Duplex and three single-family homes. Ideally located in N. Campus & Hyde Park, this fully occupied portfolio is cash flow ready for an investor looking for well located stabilized assets with long term appreciation.
Las Palomas Apartments
Price: $7,000,000
Location: 2805 Avenue U, Hondo TX 78861
Year Built: 1995
Total Units: 108
Status: Under Contract
Very well maintained garden style asset built in 1995 and located off the Interstate 90 major thoroughfare in Hondo, TX, part of the San Antonio MSA. Tenants enjoy quiet, comfortable living on almost 9 acres adjacent to Hondo Recreation Park and elementary, intermediate, and middle school buildings. The asset offers one and two story buildings supplying large 2 and 3 bedroom floor plans making this the ideal space for families living in Hondo. The mature, well manicured landscaping and abundant greenspace and parking give this complex a neighborhood feel that is impeccably well maintained. A new owner will enjoy significant unit volume with zero deferred maintenance strategically positioned for continued rent growth and value appreciation in a growing periphery market of San Antonio.
Landmark Apartments
Price: $2,200,000
Location: 2001 Boerne Avenue, Hondo, TX 78861
Year Built: 1978
Total Units: 48
Status: Under Contract
Fully rehabbed 48 unit apartment property available free and clear to unrestricted financing options. Built in 1978, renovated in 2017, Landmark boasts zero deferred maintenance strategically positioned for continued value-add appreciation in a growing periphery market of the San Antonio MSA.
Indian Creek Apartments
Price: $2,550,000
Location: 2842 & 2820 Cedar Circle, Killeen, TX 76543
Year Built: 1964 (Phase I) & 2002 (Phase II)
Total Units: 60
Status: Under Contract
Indian Creek Apartments is ideally located in a thriving corridor of a growing market and is an ideal investment for a value-add investor. Streamlined operations with stable occupancy position this asset for immediate rent growth potential and long term appreciation. Part of the "Texas Triangle" off the I-35 corridor between Austin and Dallas, growth in Killeen has been concentrated along US Hwy 190 placing Indian Creek Apartments strategically adjacent to the most trafficked corridor in the city. This growth has drawn big box retailers including Walmart, Home Depot, Lowe's, and HEB.
Contessa Townhomes
Price: $1,500,000
Location: 9526 Contessa Drive, San Antonio, TX 78216
Year Built: 1965
Total Units: 20
Status: Closed 2018
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.
Donaldson Villas
Price: $3,400,000
Location: 1315 Donaldson Avenue, San Antonio, TX
Year Built: 1969
Total Units: 57
Status: Closed 2018
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 Lot
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: Closed 2018
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.
Additional Transactions
