5903 DANNY KAYE DR | SAN ANTONIO, TX 78240

BUILT 1974 | 254 UNITS

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Berkadia’s San Antonio Multifamily Investment Sales Team is pleased to present Green Oaks at Medical, a 254-unit garden-style apartment community strategically located within the South Texas Medical Center—one of San Antonio’s largest and most respected employment centers.

Built in 1974 and situated on approximately 12.5 acres, Green Oaks at Medical is comprised of 33 two-story residential buildings surrounded by mature trees. The community features stucco exteriors, wood-accented metal stairways, recently replaced shingle roofs and commercial utilities. Its established neighborhood setting, just off Babcock Road, provides residents with convenient access to Loop 410, major medical employers and a broad range of nearby retail, dining and entertainment options.

Green Oaks at Medical offers ten spacious floor plans averaging 891 square feet, providing a strong foundation for a comprehensive value-add strategy. Future ownership can modernize a substantial portion of the unit interiors, enhance the property’s exterior appearance, and introduce new community amenities. A targeted renovation and asset-management program has the potential to generate monthly premiums exceeding $100 per upgraded unit, representing approximately $240,000 in additional annual rental revenue on just 200 units.

With its irreplaceable Medical Center location, low-density site plan, spacious residences and multiple avenues for operational and physical improvement, Green Oaks at Medical presents investors with a compelling opportunity to reposition a well-located community and drive meaningful long-term NOI growth.

Proven Interior Renovation Upside:
Demonstrated premiums exceeding $100 per month with substantial remaining renovation runway.

Irreplaceable Medical Center Scale:
254 units situated on approximately 12.5 acres in San Antonio’s highly sought-after South Texas Medical Center.

Deep, Durable Employment Base:
Strategically positioned near the region’s leading healthcare, academic, military and research institutions.

Oversized, Highly Marketable Floor Plans:
Ten distinct layouts averaging approximately 891 square feet across the community.

Compelling Basis:
Attractive acquisition opportunity relative to replacement cost and comparable historical trades.

Multiple Additional Revenue Levers:
Opportunity to add washers and dryers to compatible two- and three-bedroom residences while enhancing amenities and exterior appeal.

Flexible Value-Creation Strategy:
Durable workforce-housing demand supports both near-term operational improvements and a broader repositioning program.

Flexible Financing Execution:
Offered free and clear of existing debt, allowing investors to pursue financing aligned with their business plan.

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Investment Highlights

Contact

Investment Sales

Will Caruth
Managing Director
210.377.2768
[email protected]

Cody Courtney
Senior Director
210.377.1219
[email protected]

Mortgage Banking

Cutt Ableson
Senior Managing Director
713.469.4503
[email protected]

Cameron Hart
Managing Director
5512.226.8708
[email protected]

Boyd Oliver
Senior Director
210.274.2804
[email protected]

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5903 Danny Kaye Dr
San Antonio, TX 78240

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