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Multifamily

Jones & Rio

San Antonio, TX

191 Units

Built in 2018

Core

Investment Highlights

  • Best-in-Class, Core Mid-Rise: Offers 191 exquisitely constructed units with chic interiors and upscale amenities, including an infinity-edge pool overlooking the River Walk and rooftop lounge
  • Irreplaceable, Barrier-to-Entry Location: Situated on an irreplaceable site on the San Antonio River Walk and proximate to The Pearl mixed-use development, San Antonio Museum of Art, and Downtown
  • Nearby Job Growth: There is currently 821,000+ square feet of class A office space under construction and recently completed within a one-mile radius of Jones & Rio
  • Future Rent Growth: San Antonio Class A rents are projected to increase more than all of the Texas metros, due to the decline in units being delivered
  • Excellent Lease-Up: This superior luxury asset achieved stabilization in 11 months and has averaged 93% occupancy in the trailing six months with no concessions
  • Jones & Rio benefits from a county tax abatement through 2027 and city tax abatement through 2032

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