Past Portfolio

Park on Wurzbach

Overview:

The San Antonio Apartment Association named The Park on Wurzbach the 2018 New Construction: Garden Style Community of the Year. The Park on Wurzbach, drenched in modern elegance and loaded with modern comforts, offers a fresh and unique premium living experience that is fun and meaningful, with a range of thoughtful and generously sized one-, two-, and three bedroom floor plans. The apartment homes’ superb interiors include trendy finishes such as chef-inspired kitchens with island counters, farmhouse sinks, stainless steel appliances, granite counters, smart d├ęcor lighting, and more!

The low-density neighborhood is bordered by well-kept lawns and features a vacation-worthy pool area with outdoor kitchens and a TV lounge right in the heart of it all. Among other things

Details

Address:

4707 Wurzbach Road
San Antonio, TX 78238

Scope:

14.78 Acres / 264 Units

Investment Results:

This past investment property was a Class A garden style community consisting of 264 units. It was a joint venture equity investment with a projected project time frame of 3.67 years and an estimated IRR of 17.0%. The property featured luxurious amenities and modern conveniences that attracted high-end renters. The joint venture allowed for a diverse pool of resources and expertise to be utilized in the investment process. The project was completed successfully within the projected time frame, delivering attractive returns to the investors.

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