14900 Nacogdoches Road
- Strong In-Place Performance: 96% Occupancy
- Value Add Upside With Remaining Classic Units
- Attractive Returns: 24.7 Projected Value Add IRR
Property Description
The Go-Getters Multifamily Team is pleased to present Rio @ 1604, a 132-unit value-add investment opportunity located in San Antonio, Texas. Originally constructed in 1985, the property has undergone a comprehensive renovation program that has already demonstrated its ability to generate meaningful rent growth and operational upside. To date, 80 units have been renovated, with 50 units remaining. The completed upgrades are achieving rental premiums in excess of $100 per unit, clearly validating strong market demand for enhanced interiors.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 132 |
| Year Built: | 1984 |
| Opportunity Zone: | No |
| Property Website | Click Here |
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