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HillCreste at Thousand Oaks

Class: B
Year: 1985
Style: Garden-Style

Acquired Date: July 2023
Address: 1570 Thousand Oaks Dr., San Antonio, TX 78232
Property URL: www.hillcresteapt.com

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Investment Summary

HillCreste at Thousand Oaks is a Class B garden-style apartment community located in San Antonio, Texas. Built in 1985, the property features 158 units and offers significant value-add potential through strategic upgrades and operational improvements. 

Amenities

  • Wood-burning fireplaces*
  • Ceiling fans in bedrooms
  • Built-in bookcases*
  • Built-in dry bar*
  • Large Walk in Closets
  • Cable Ready
  • Washer/Dryer Connections
  • Washer/Dryer*
  • Balck or White Appliances*
  • White Cabinets with Brushed Nickel Hardware*
  • 2in custom window blinds
  • Faux wood flooring throughout*
  • Updated lighting
  • Private Patio or Balcony
  • Built-in bookcases and Shelves
  • Fully Equipped Kitchens
  • Fireplace*
  • Spacious Closets
  • Upgraded Cabinetry*
  • Touchless Kitchen Faucet*
  • Stainless Steel Appliance Package*
  • Private Patio or Balcony
    *In Select Units
  • Outdoor Grilling Area
  • Controlled Access Community 
  • ClothesCare Center
  • Business Center w/WiFi
  • Nearby Public Transportation
  • Resort Style Swimming Pool
  • Pet-Friendly Community 
  • Covered Parking
  • Pet Park* 
  • Sparkling Pool
  • 24hr Emergency Maintenance
  • Pool Side Fitness Center
  • 24hr Package Lockers*
  • Hammock Park*
  • Resident Lounge

Business Plan

The strategy for HillCreste at Thousand Oaks focuses on: 

  • Renovating unit interiors to enhance market value 
  • Implementing vertically integrated management to control expenses 
  • Targeting a 3-5 year hold period with plans to sell or refinance for maximum returns 

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