Arcos is located in the heart of northwest San Antonio on Fredericksburg Road. The densely populated location thrives from being one of the most desired and sought-after multifamily submarkets in the city due to its proximity to entertainment and employment opportunities. The property sits across the street from Oak Hills Country Club and is a short distance to the intersection of Interstate Highway I-10 and Loop 410, two arterial thoroughfares. Several large corporate employers such as the South Texas Medical Center, USAA, and several local and national retail and restaurant venues are all within close proximity of the property.
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San Antonio office
250 W Nottingham Dr
Suite 120,
San Antonio, TX 78209
INVESTMENT SALES
MORTGAGE BANKING
Cameron Hart
Senior Director
Cameron.Hart@berkadia.com
512.226.8708
Will Caruth
Senior Director
Will.Caruth@berkadia.com
210.377.2768
Mike Miller
Managing Director
Mike.Miller@berkadia.com
210.377.1535
Cody Courtney
Director
Cody.Courtney@berkadia.com
210.377.1219
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Berkadia’s San Antonio Multifamily Investment Sales Team is pleased to announce the exclusive listing of Arcos Apartments, a 117-unit value-add opportunity located in the growing Medical Center submarket of San Antonio. Built in 1971, The Arcos apartments are situated on 4.79 acres and comprised of 24 two-story buildings with stucco and wood siding, pitched asphalt shingle roofs and commercial utilities. The property offers six floor plans with an average unit size of 773 square feet. Unit interiors feature renovated finishes, spacious living areas, wood-inspired flooring, generous storage space, and a fully equipped kitchen with black appliances, cabinet hardware, and standard faucets. In addition to these units, the community features include a resort-style swimming pool and sundeck, barbecue stations with picnic tables, twenty-four-hour clothes care centers, and covered parking. Arcos is being offered All Cash, available for new financing.
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ARCOS
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Executive Summary
High visibility with an estimated 37,000+ vehicles per day on Fredericksburg Rd.
Access to major arterial highways I-10 and Loop 410.
Immediate proximity to major employers in the Medical District: Methodist Hospital System, UT Health San Antonio System and the VA Medical Center.
6% Rate Cap
85% Renter Submarket
Across from the Oak Hills Country Club.
Rental and Occupancy rated within the top 20 submarkets of the MSA.
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