Eagle View Apartments

    • 830 Stadium Drive
    • Pleasanton, TX 78064

INVESTMENT HIGHLIGHTS

  • Number of Units: 40
  • Occupancy: 95%
  • Complete Renovations and Stabilize Rents
  • Sales Price: $3,050,000
  • Acres: 1.75
  • Just 30 Miles to Downtown San Antonio

EXECUTIVE SUMMARY

Independence Commercial Advisors has been exclusively retained by the seller, in connection with the sale of Eagle View Apartments. Eagle View Apartments is a 40-unit, garden-style asset located in Pleasanton, Texas, just 30 miles south of downtown San Antonio. Over the last three years the property has received almost $450,000 in capital improvements. Exterior work included new paint, mostly new HVAC units, roof repairs and extensive rod iron work. Interior work included new counters and flooring in most units, as well as new cabinets, windows and patio doors where needed. Originally built in 1970, the property is all-electric, and tenants are currently reimbursing water only. The Eagle View Apartments are wood-frame construction with concrete slab foundations and brick exteriors, and the roofs are pitched composition-shingle. All units have one bathroom, and the floor plans include (8) 1-bedroom units and (32) 2-bedroom units with an average size of approximately 820 square feet.

REQUEST OFFERING MEMORANDUM