Investment Overview

Marcus & Millichap is pleased to present the stabilized commercial investment opportunity located at 2310 N Loop 1604 W in San Antonio, Texas. Positioned on one of the region’s most heavily trafficked thoroughfares, the property benefits from exceptional exposure and long-term fundamentals driven by sustained infrastructure investment and surrounding residential growth. Notably, the asset features a diversified unit mix that includes 811 climate-controlled units, 43 non-climate-controlled units, 21 office units, and 10 parking units. Key amenities include covered loading docks, state-of-the-art-office space, solar panels (215 kW), and substantial parking availability. The asset is professionally managed, offering investors reliable cash flow within a strong and expanding submarket. From an investment perspective, the location is a key differentiator. The Texas Department of Transportation’s $1.4 billion Loop 1604 expansion project significantly improves mobility and reduces congestion, contributing to increased traffic flow and accessibility. Current traffic counts measure approximately 90,554 average annual daily traffic (AADT), enhancing the site’s long-term leasing and visibility potential. The surrounding area continues to experience robust residential growth, with multiple multifamily developments recently completed, including Greyson Luxury Living Apartments, and additional projects underway along the Loop 1604 frontage. For example, The Elle Apartments—a Koontz multifamily development—is currently under construction, further strengthening the local customer base. Located within a high-income area with strong median household incomes, the property is well positioned to benefit from a growing, affluent residential population. REIT-level management and a stabilized operating profile make this asset particularly attractive to investors seeking durable income, minimal management risk, and long-term appreciation in one of San Antonio’s premier growth corridors.