A-Class luxury community, 340 units, San Antonio, TX
Property:
Timberhill is an A-Class multifamily asset built in 2020. The property has 340 units and a club house, gym, resort style pool and much more.
Strategy:
Acquire the asset, replace the management team, reduce expenses and bring rents to market levels. In place rents are between $250-$300 per unit below market. Raising rents only $250 per unit during the first year of ownership will add approximately $1M in yearly net operating income and >$20MM to the property's valuation.
Highlights:
San Antonio's multifamily rent growth is among the best in the country.
High growth market with excellent population and job fundamentals
Newly built / quality construction
Resort style amenities
We’re here to make real estate investing simple and effective.
We’ve partnered with over 200 individuals, like yourself, to invest in real estate and create passive income. Over 60% of our clients are repeat investors and more than half have come from referrals.