Bent Tree Apartments

Bent Tree Apartments

San Antonio, TX

Bent Tree Apartments is a well-established apartment community in the high-demand San Antonio Medical Center district. With a strong regional economy and growing demand for quality apartment living, Bent Tree had excellent value-add opportunities to increase both rental and resale value.

Property Description

Built in 1978, Bent Tree is a Class B apartment complex in a strong B market. Consisting of 272 units, the property is located in the Northwest job corridor of San Antonio 3 miles north of Loop 410, with easy access to IH-10, Huebner Road and Fredericksburg Road. The apartments are also across the street from the USAA headquarters, and a mile from the Medical Center, providing a large group of professional and medical residents. The complex has hilltop views, a business center with an Internet café, and a strong community feel with gathering places including two outdoor pools with BBQ grills, and a clubhouse. There are two laundry facilities and individual washer/dryer connections in the larger apartments. Upgrades in units and new appliances resulted in a $60-$75 per-unit increase. With 95% average occupancy, a convenient location, and strong repositioning potential, Bent Tree offers a lucrative investment opportunity in both the rental and resale market.

© 2024 Windmill Investments