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Multifamily

The Annex

326 Whitewood St, San Antonio, TX 78242

Listing Price: Request For Offer

Number of Units
144
Occupancy
92.0%
Gross SF
100,000

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of The Annex, a 144-unit, value-add asset in San Antonio, Texas. The property is located in Southwest San Antonio, right outside of Lackland Air Force Base. Additionally, residents are within a 20-minute drive to the city’s largest employment centers, downtown San Antonio and Westover Hills.
The Annex recently underwent extensive renovations, giving the property a fresh, modern look and leaving minimal deferred maintenance. Current ownership implemented a unit enhancement program on just 25 percent of the property, leaving significant upside for new ownership. 106 units remain to be upgraded, and upgrade premiums currently range from $150-250/month.

Investment Highlights

  • 144-Unit, Value-Add Asset in San Antonio, Texas, Five Miles Southwest of Downtown
  • Positioned Just Outside of Lackland Air Force Base, the Largest Military Installation in Texas
  • Within a 20-Minute Drive to Major Employment Centers: Downtown and Westover Hills

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
144
Occupancy
92.0%
Gross SF
100,000

Investment Highlights

  • 144-Unit, Value-Add Asset in San Antonio, Texas, Five Miles Southwest of Downtown
  • Positioned Just Outside of Lackland Air Force Base, the Largest Military Installation in Texas
  • Within a 20-Minute Drive to Major Employment Centers: Downtown and Westover Hills

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of The Annex, a 144-unit, value-add asset in San Antonio, Texas. The property is located in Southwest San Antonio, right outside of Lackland Air Force Base. Additionally, residents are within a 20-minute drive to the city’s largest employment centers, downtown San Antonio and Westover Hills. The Annex recently underwent extensive renovations, giving the property a fresh, modern look and leaving minimal deferred maintenance. Current ownership implemented a unit enhancement program on just 25 percent of the property, leaving significant upside for new ownership. 106 units remain to be upgraded, and upgrade premiums currently range from $150-250/month.

Exclusively Listed By

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