Pine Street Apartments is a 21-unit urban infill apartment complex located in a high-growth neighborhood in San Antonio, Texas. The property, situated on a corner lot with alley access, encompasses a three-floor, 29,000 square foot residential condominium offering 100% market-rate units.
Pine Street Apartments presents a prime investment opportunity in San Antonio’s burgeoning urban core. This 21-unit complex, strategically located in a high-growth neighborhood, offers unique features such as an outdoor elevator, green walls, and a rooftop patio, ensuring high market demand. Situated near key districts and major employment hubs, the development aims for strong rental appeal and occupancy rates. With its modern amenities and sustainable design, Pine Street Apartments is poised to capitalize on the city’s dynamic growth, providing investors long-term value.
Pine Street Apartments is a 21-unit urban infill project in San Antonio, featuring larger-than-average two and three-bedroom units. Exclusively sourced off-market, the property benefits from a strategic location within the city’s original 36 miles and reflects comprehensive neighborhood planning. Surrounded by thriving districts and major employment hubs, this development is poised for strong market demand and offers significant investment potential.
The minimum investment amount for the Pine Street Apartments project is $20,000.
The projected Internal Rate of Return (IRR) is 22%, with a profit split of 70/30%.
The Pine Street Apartments are expecting full occupancy upon completion of the project.