THE OFFERING
Berkadia’s San Antonio Multifamily Investment Team is pleased to present the exclusive offering of Elevate at Huebner Grove, a stabilized, 210-unit apartment community strategically located in Northwest San Antonio, just off Interstate 10. Built in 1981, the property benefits from immediate access to major employment and demand drivers, including the South Texas Medical Center to the south, USAA’s corporate headquarters to the east, and the Shops at La Cantera and the RIM to the north.
In addition to its exceptional location, Elevate at Huebner Grove offers a compelling value-add opportunity, with approximately 70% of the unit mix, 146 units, available for interior renovation. Through a targeted renovation program, Elevate at Huebner Grove has the potential to generate monthly rental premiums exceeding $100 per upgraded unit, representing approximately $175,000 in additional annual revenue. Supported by its established location, operational upside, interior renovation opportunity and compelling amenity package, Elevate at Huebner Grove is well positioned for long-term stability, future rent growth, and value appreciation.
Investment Highlights
Compelling Value-Add Opportunity
Opportunity to apply a renovation program to over 70% of the units and capture significant rental upside
Operational & Ancillary Revenue
Potential to grow other income through expanded washer/dryer rentals, fenced yards, covered parking, and additional revenue-management initiatives.
Stabilized Operations
Established occupancy and in-place income provides investors with day-one cash flow and solid foundation to grow from
Strategic Northwest San Antonio Location
Convenient access to Interstate 10 and key demand drivers, including USAA, Valero, the South Texas Medical Center, La Cantera, and The RIM.
Limited Competitive Supply
No multifamily projects are identified as under construction or proposed within one or three miles of the Property, supporting a favorable competitive environment.
Established, High-Barrier Submarket
Located within the Loop 410 corridor in a mature area where future multifamily development is constrained.
Resilient Employment Base
Proximity to the South Texas Medical Center, one of San Antonio’s largest employment centers, provides access to a broad and durable healthcare-driven renter base.
All-Cash Offering
Elevate at Huebner Grove is being offered on an all-cash basis.
The Property
Contact us
INVESTMENT SALES
WILL CARUTH
Managing Director
[email protected]
210.377.2768
CODY COURTNEY
Senior Director
[email protected]
210.377.1219
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