Tuscan Villas Apartments

    • 1803 W Gramercy Street
    • San Antonio, TX 78201

INVESTMENT HIGHLIGHTS

  • Multiple Value-Add Opportunities
  • High Demand Monticello Historic District Submarket
  • Close Proximity to Downtown San Antonio and The Pearl
  • Well Maintained Asset with Strong In-Place Cash Flows
  • 100% Occupancy

EXECUTIVE SUMMARY

Independence Commercial Advisors is pleased to present Tuscan Villas Apartments, a 29-unit residential community bordering the Monticello Historic District in San Antonio, Texas. Originally built in 1960, Tuscan Villas is an eclectic, one-of-a-kind building boasting a 3-story art deco architecture with poured concrete floors on every level and a new elevator. The property is offered free and clear of existing debt providing a buyer the opportunity to place new debt and the potential to achieve an IRR over a 5-year hold of over 20% and an annual cash on cash return of over 10%.

ACCESS DOCUMENT CENTER