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Updated about 1 year ago on . Most recent reply

User Stats

297
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98
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Jamie Parker
  • Real Estate Investor
  • Memphis, TN
98
Votes |
297
Posts

Value Add In San Antonio

Jamie Parker
  • Real Estate Investor
  • Memphis, TN
Posted

I would be hard pressed to find an investor, particularly multifamily investor, that doesn't know their market inside and out. Even harder to find an investor that hadn't seen a listing in their asset class:

I was talking to a broker about a 12 unit in San Antonio and I the resemblance was very similar to a 16 unit set up Dallas.

- Only 3 remaining tenants, 

- Owner wanting to transfer the property vacant.

- Seller wanting at or above $1m to exit.

 the Dallas property is in a historic district, the San Antonio one, Im not sure yet. 

Is heavy apartment renovations a thing of the past, for now?  Is redevelopment a more viable option these days? 

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