Class: B+
Year: 1986
Style: Garden-Style
Acquired Date: October 2017
Address: 12324 Starcrest Dr. San Antonio TX, 78216
Property URL: liveatstratton.com
Investment Summary
The Stratton Park community is a beautiful Class B, 127 Unit Garden-Style property, offering apartment homes and townhome units with manicured landscaping, newly renovated community spaces, and Texas-sized floorplans. Acquired in October 2017, the property is conveniently located in North Central San Antonio near the San Antonio International Airport, with easy access to highways 281 and 410. You will enjoy our two sparkling pools, a resident business center, outdoor grills, two dog parks, and washer and dryer connections.
Common area amenities
- Remodeled leasing office
- Two sparkling pools
- Picnic area/outdoor grill
- On-site business center
- Wifi coffee cafe
Interior Amenities
- Fully Equipped kitchens
- Pantries
- Energy efficient appliances
- Large walk-in closets
- Patios or balconies
- Individual Water Heaters and HVAC
Business Plan
The strategy for this property is to improve the property to create greater cash flow and profitability. This strategy includes increasing rents to market average and developing additional sources of income, reducing controllable expenses, and repositioning the property to bring in higher quality tenants and decrease turnover. The property will also go through an extensive rehab to include interior unit renovations and upgrades. This process will all be handled by our in-house experienced property management team.
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