fbpx
Home 5 Portfolio 5 San Antonio 5 Aspen Chase Apartment
Aspen Chase Apartment

Class: C
Property Details: 1966 | Garden-Style | 143 Units
Locations: San Antonio, TX
Acquired Date: December 2014 
Sold Date: September 2016 

Initial Loan: $5,008,000
Rehab Budget: $500,000
Investment Period: 2 Years

Investment Summary

Aspen Chase Apartments was a 143 Unit property with rents below market and significant valueadd opportunities. The property is in a strong demographic and high-traffic location. Household income supported rent increases and the area showed strong job growth within a 5mile radius. Aspen Chase business plan focused on repositioning that asset with a rehab budget of $500,000.

Additional Properties in San Antonio

Flint at 290

The Camaron

Class B | 1988
100 Unit Townhomes
Acquired May 2021
The Archer at Willowbrook

Parc 410

Class B | 1980
344 Unit Garden-Style
Acquired March 2017
Candleridge Park

Atrium Commons

Class B | 1985
256 Unit Garden-Style
Acquired October 2017
Chartwell Court

Avenue at Converse

Class B | 2001
32 Unit Garden-Style
Acquired December 2019
Rise at Elmside

4000 Horizon Hill

Class B | 1984
273 Unit Garden-Style
Acquired June 2018
The Archer at Willowbrook

Stratton Park

Class B+ | 1986
127 Unit Garden-Style
Acquired October 2017

Join the REEP Network

Don’t miss out on our next investment opportunity. Join the REEP Network to get early access to all future investment opportunities.
Skip to content