OASIS AT OAKWELL
- 252-unit apartment complex in San Antonio, TX.
- Established infill location in prestigious Alamo Heights neighborhood with immediate I-410 freeway access.
- 77% occupied at acquisition and had previously been foreclosed upon.
- Business plan to increase occupancy by completing a comprehensive exterior and in-unit renovation program.
Investment Highlights
- Implemented $3.3 million capital program to upgrade unit interiors, pool and landscaping, and add a fitness center, dog park, and club room.
- Navigated three separate casualties totaling over $2.0m of insurance claims.
- Sold property August 2016 at 95% occupancy.