SIX PROPERTY SAN ANTONIO PORTFOLIO...Allena Apartments Arcadia Place Bryn Mawr Contour Gardens...

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Allena Apartments Arcadia Place Bryn Mawr

Contour Gardens Grayson By The Pearl Terra Alta

143 Units - built 1949-1972S A N A N T O N I O , T E X A S

S IX PROPERTY SAN ANTONIO PORTFOLIO

ALLENA

� Twenty-four value-add units built 1950 in Northwest San Antonio.

� The property has averaged 95 percent occupancy in the trailing 12 months.

� Allena offers residents one- and two-bedroom floor plans with a large average units size of 865 square feet

� Similar vintage assets in the submarket are experiencing 8.7 percent rent growth while achieving 95.3 percent occupancy.

� Current ownership recently replaced the roofs, repainted the exterior, and replaced all solar screens.

ARCADIA PLACE

� Sixteen value-add units built 1970 in North Central San Antonio.

� Prime location within the highly acclaimed Alamo Heights school district.

� Similar vintage assets in the submarket are experiencing 4.2 percent rent growth while achieving 94.6 percent occupancy.

� Current ownership recently replaced the roofs, repainted the exterior, repaved the parking lot, and replaced all solar screens.

BRYN MAWR

� Eighteen value-add units built 1965 located within the Alamo Heights submarket.

� Prime location within the highly acclaimed Alamo Heights school district.

� Similar vintage assets in the submarket are experiencing 5.8 percent rent growth while achieving 95.4 percent occupancy.

� Current ownership recently replaced the roofs, repainted the exterior, repaved the parking lot, and replaced all solar screens.

CONTOUR GARDENS

� Thirty-three value-add units built 1949 located within the Central San Antonio submarket.

� Contour Gardens offers a new investor a well-performing asset with strong cash flow.

� Similar vintage assets in the submarket are experiencing 11.3 percent rent growth while achieving 94.1 percent occupancy.

� Current ownership recently replaced the roofs, repainted the exterior, and replaced the main sewers lines.

GRAYSON BY THE PEARL

� Sixteen-unit, boutique community built in 1972 and located half a mile from the Pearl Brewery mixed-use development in the Lower Broadway submarket of San Antonio.

� Grayson by the Pearl has averaged 93 percent occupancy in the trailing 12 months and is currently 100 percent occupied.

� Similar vintage assets in the submarket are experiencing 11.3 percent rent growth while achieving 95.6 percent occupancy.

� Current ownership recently repainted the exterior, re-paved the parking lot, and replaced all solar screens.

TERRA ALTA

� Thirty-six value-add units built in 1965 located in the heart of the Alamo Heights submarket.

� Prime location within the highly acclaimed Alamo Heights school district.

� Similar vintage assets in the submarket are experiencing 5.8 percent rent growth while achieving 95.4 percent occupancy.

� Current ownership recently repainted the exterior and replaced all solar screens.

C E N T R A L S A N A N T O N I O P O R T F O L I O

I N V E S T M E N T D R I V E R S