308 Unit Multifamily Texas
Investment Highlights
San Antonio TX value-add multifamily opportunity. 308-unit garden-style apartment complex. Approximately 90% vacant and requires significant heavy lift/capex, creating a true heavy value-add / turnaround opportunity for an experienced operator. The property spans 10.6 acres with approximately 238,000 SF of improvements and a diverse mix of studio, 1BR, 2BR, and townhome units. Strong long-term fundamentals driven by proximity to Lackland Air Force Base, Toyota Manufacturing, Texas A&M San Antonio, and other major employment centers. Asking: $4.62M ($15K/unit)
Location
📍 Texas
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
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Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
