The Summit at Henderson Pass apartment complex is a 228-unit, garden-style multifamily community located in the well-established Northeast submarket of San Antonio, Texas. Built in 1986, The Property features a desirable mix of primarily one- and two-bedroom floor plans. The average unit size is spacious, 736 square feet with full washer and dryer connections, contributing to a total of 167,904 rentable square feet sited across more than 9 acres. 

Summit at Henderson Pass offers new ownership a clear path to immediate value creation through lease-up strategies and targeted operational enhancements. New management has already begun to create meaningful momentum at the property and a buyer has the opportunity to step in and capitalize on that trajectory. Continuing to build on operational gains while further enhancing performance through strategic execution is what clearly separates this investment opportunity from the rest of the market. Beyond improving core property fundamentals, the property offers 78 units poised for renovation, presenting significant upside potential through a proven value-add program that can deliver rental premiums over $100 per unit. Additionally, current ownership is undergoing a substantial CAPEX initiative to revitalize building exteriors and enhance community amenities.  This capital program is centered on corrective action and long-term asset preservation, again signaling ownerships commitment to delivering a turnkey, stabilized asset.

The Property’s exceptional location, immense value-add potential and the ability to acquire an asset at a clear inflection point, make it a premier acquisition opportunity for investors seeking both near-term yield and long-term growth in one of San Antonio’s most resilient multifamily corridors. The Summit at Henderson Pass is being offered on an All-Cash acquisition basis.