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Value-Add Opportunity Now on Market in San Antonio, TX

Investment Highlights

  • Located in Thriving Northeast Submarket
  • Recent Exterior Renovations | Rebrand
  • Value-Add Potential with Interior Renovations
  • High Traffic Count Location
  • Excellent Visibility
  • Offered All Cash or New Loan

UNIT Amenities

  • Hardwood-Style Flooring*
  • Fully Equipped Kitchen
  • Cable Ready
  • Ample Closet Space
  • Ceiling Fans
  • Pantry

COMMUNITY Amenities

  • Sparkling Pool
  • Pergola with Barbecue Grills
  • Picnic Areas
  • Two Clothes Care Facilities
  • Business Center
  • Covered Parking
  • Onsite Management

ASSET

 

Brix at Terrell Hills is an apartment community consisting of 141 units located in Northeast San Antonio, Texas, approximately six miles of the downtown area. Built in 1966, the garden-style property is situated on 4.4 acres encompassing a net rentable area of 114,600 square feet. Conveniently located near the intersection of Harry Wurzbach Road and Corinne Drive, the property contains 11 two-story buildings consisting of wood frame construction, brick, stone, and vinyl exteriors, and pitched composition shingle roofs. The community has a unit mix comprised of 32 studio units ranging from 450 to 500 square feet, 45 one-bedroom units ranging from 700 to 800 square feet, and 65 two-bedroom units ranging from 900 to 1,000 square feet, with an overall average unit size of 800 square feet.

Brix at Terrell Hills is located in Northeast San Antonio, Texas, adjacent to Fort Sam Houston, a 3,000-acre U.S. Army installation, supporting 27,000 military and civilian personnel. Within the Fort Sam post is San Antonio Military Medical Center serving a million annual patient visits. The 425-bed hospital sustains over 60 accredited education programs that include 25 graduate medical education programs and eight nursing programs. Additional employment hubs within a five-mile radius supporting rental demand in the area include Rackspace’s headquarters, San Antonio International Airport, and Northeast Baptist Hospital. Nearby is the San Antonio Zoo and downtown’s popular River Walk, and urban waterway lined with eateries, shops, public artwork, and other attractions.

ECONOMIC SNAPSHOT

DEMOGRAPHICS

CONTACT US

Investment Advisors

Financing

SAN ANTONIO OFFICE

70 NE Loop 410, Suite 306

San Antonio, TX 78216

Phone: 210.377.1191

Berkadia.com

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
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