Robinson Manor Apartments

    • 2205 Pat Booker Road
    • Universal City, TX (San Antonio MSA)

INVESTMENT HIGHLIGHTS

  • Multiple Upside Opportunities
  • Strategic Location
  • Recently Renovated
  • Excellent Employment Drivers

EXECUTIVE SUMMARY

Independence Commercial Advisors is pleased to present Robinson Manor Apartments, a 44-unit Class C residential community located in Universal City, Texas in northeast San Antonio. Built in 1968, Robinson Manor enjoys a great location in the Far Northeast submarket, one of the highest areas for rent and occupancy growth in the entire MSA. Ownership is offering the property free and clear of existing debt providing a buyer the opportunity to place new debt and the potential to achieve an IRR based on a 5-year hold of over 27%, and an annual cash-on-cash return of over 14%.

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