Property Listings

Cushman & Wakefield San Antonio Commercial Advisors is pleased to present this exclusive offering for the Oaks on Bandera apartments, a 206-unit multifamily asset in the North West submarket of San Antonio, boasting the highest rent growth throughout the market. San Antonio is one of the fastest growing cities in the country and the property is strategically located within 8 miles of many of San Antonio’s major employment centers in the north west, far west, and central submarkets. Oaks on Bandera comprises 3 separate but contiguous parcels, with all construction dating to 1970. This is a workforce housing asset with a proven value-add opportunity. As San Antonio continues to benefit from solid market fundamentals, including strong population and job growth, Oaks on Bandera is well positioned for a new investor to acquire a high performing, well occupied asset in a tremendous in-fill location offering the investor the potential for 18-20% IRRs and double digit annual cash returns.

Cushman & Wakefield San Antonio Commercial Advisors is pleased to present the exclusive listing of The Overlook at Westover Hills, a luxury condominium development containing 27 units. The Overlook is located in the heart of the booming Westover submarket in far west San Antonio. The property features custom-designed unique floors plans for each unit in a four story concrete structure. Located near the intersection of Westover Hills Blvd and Highway 151, the property is in close proximity to many of the employment centers and amenities that make the far west submarket the fastest growing quadrant of San Antonio. It abuts the Hyatt Hill Country Regency Resort & Spa and Hill Country Golf Club, which boasts a 27-hole course. Many employment centers are within a 10 minute drive, including Nationwide Insurance, CyrusOne San Antonio Data Center, Frost Bank Data Center, NSA and the new Veterans Affairs Outpatient Clinic under construction on Hwy 151. The Overlook at Westover Hills is a compelling investment opportunity to acquire a trophy asset at well below replacement cost in the high growth Westover Hills submarket of San Antonio.

Cushman & Wakefield San Antonio Commercial Advisors is pleased to exclusively offer the Grant Avenue Apartments in San Antonio, TX. Built in 1960, the asset consists of 30 units within three buildings, all of which are two-story garden-style walk-ups. The asset is only one block off of busy Blanco Road, and there are three different floor plans ranging from ±550SF to ±775SF. Grant Avenue Apartments represents an outstanding investment. Rents are well-below market and there is currently no RUBS in place. Based on a five-year hold, the asset offers potential returns of 14% cash-on-cash and an IRR of 19%. Construction is concrete slab with brick and wood siding. Electricity is individually-metered, and rents include natural gas and water. Gas services the cooktops, hot water boiler and dryers in the laundry room. The boiler is only 3-4 years old, and two of the three buildings have new PEX piping and copper plumbing. All electrical wiring is copper. Two buildings received new pitched composition shingle roofs in 2014, and the flat modified bitumen roof was replaced on the last building in 2016. Residents enjoy a central, gated swimming pool area, covered parking, and an onsite laundry room and management office. Interior amenities include a full appliance package, gas cooktops, mini blinds, lots of closets and central electric heat/AC.