Peach Creek Apartments

    • 333 Hedges Street
    • San Antonio, TX 78203

INVESTMENT HIGHLIGHTS

  • 1995 Construction | New Roofs 2018 | Recently Renovated: New Flooring, Carpet, Paint, Vanity Lights, etc
  • Strategic Location: Property Located Less than One Block from St. Philip's College, near Downtown, and The Pearl District
  • Upside Opportunity: Five Year Hold Offers Potential IRR of 24.89%
  • Employment: Property is Located Within Twelve Miles of Major Employers

EXECUTIVE SUMMARY

Independence Commercial Advisors is pleased to present Peach Creek Apartments, a 48-unit Class C garden-style community comprised of 6 two-story buildings in San Antonio, Texas. Built in 1995, Peach Creek is located in the Southeast San Antonio submarket and in very close proximity to schools, St. Philip’s College, major highways, Downtown, Pearl District, AT&T Center, Alamodome, Alamo, Riverwalk, Brackenridge Park, San Antonio Zoo, hospitals, major retailers, tourist attractions, and major employers. This property is being offered with several debt options including new agency debt, bridge financing, or an assumption with attractive 3.9% interest rate for approximately seven years (with approximately eight months of interest only at the time of potential closing date).

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