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Multifamily

Lofts on Main

San Antonio, TX

226 Units

Built in 2013

Value Add

Investment Highlights

  • Core San Antonio Mark-to-Market Asset: Prime mark-to-market opportunity with significant rental upside; Recently completed re-development and lease-up
  • First-Generation Value-Add: 2013 vintage with value-add potential through unit enhancements
  • 70-Year Tax Abatement: Through jurisdictional PFC structure (fixed rent w/ no profit share)
  • Walkable to Pearl & Downtown: Premier location adjacent to the Pearl District and immediately north of Downtown
  • Fully Occupied Retail: 14,677 SF of fully leased ground-floor retail with established local tenants
  • High-Barrier Urban Location: Downtown position with limited development sites and insulated from suburban supply

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