Multi-housing / PRS

Branch at Medical Center Apartments BT1

7207 Snowden Road San Antonio, TX United States 78240
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1998
Occupancy 91.0 %

Property Description

Built in 1984 and spanning 16.4 acres, The Branch at Medical Center features an unrivaled amenity package with two outdoor pools, an indoor pool, a 3,000+ square foot fitness center, and a sand volleyball court. Over the past three years, current ownership invested approximately $7.4 million updating the community amenities and renovating 73% of the units. Future ownership has the opportunity to continue unit renovations and implement a tiered renovation plan to attract more renters and further drive NOI.

Investment Highlights

  • JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase fee-simple interest in The Branch at Medical Center (The “Property”), a 30 building, 426-unit garden apartment community ideally located adjacent to the South Texas
  • Medical Center.
Sean Sorrell
Sean Sorrell
Senior Managing Director, Austin & San Antonio Co-Office Head
License details
TX-0353651
Samuel Nichols
Analyst

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