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Newport Apartments

San Antonio, TX

258 Units

Built in 1997

Value Add

Investment Highlights

  • 258 Units in High-Growth, Northeast Submarket of San Antonio, Texas
  • Institutionally Owned and Operated since Completion in 1997
  • Prime Value-Add Opportunity: 80% of Property Remains to be Renovated
  • Below-Market Rents: Currently 15% Below the Average of Comparables
  • Top-Performing Submarket: Northeast San Antonio Ranks #1 for Rent Growth
  • Immediately East of San Antonio International Airport; Undergoing $2.5B Expansion

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