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Multifamily

Palmetto Pointe

San Antonio, TX

328 Units

Built in 2020

Core

Investment Highlights

  • Class A asset with top-of-the-line community amenities and unit features. Developed by Koontz Corporation, this institutional quality asset is recently stabilized after a very quick lease-up.
  • Prime location across the street from USAA World Headquarters (17,000 employees), near the South Texas Medical Center 8 hospitals (56,000 employees), and proximate to the many other employers.
  • Located just off heavily-traveled Fredericksburg Road, a primary north-south artery that connects the South Texas Medical Center to USAA and the prolific IH-10 office/retail/restaurant corridor.
  • Presents excellent long term rent growth potential due to its core infill location, with limited opportunities for future multi-family development nearby. New deliveries are diminishing rapidly due to the lack of developable sites in the immediate area.
  • Being offered Free and Clear, allowing the investor to take advantage of today's historically low interest rate environment.

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