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CALL FOR OFFERS AUGUST 23RD AT 3:00 pm CST

 

Investment Highlights

  • Large Townhome-Style Units
  • Recent Interior / Exterior Upgrades
  • Fully Stabilized In-Place Cash Flow
  • Located in Emerging Submarket
  • Near Major Employers and Thouroughfares
  • Rent and Operational Upside
  • Offered All Cash or New Loan

Sierra Royale is a garden-style apartment community consisting of 108 units located in northwest San Antonio, Texas, adjacent to the city's Medical Center District. Built in 1984, the property encompasses a net rentable area of 121,172 square feet. Built in 1984, the community is situated on 5.7 acres with 121,172 rentable square feet. The community features two and three-story building made of brick and stucco exteriors with pitched tile roofs.

UNIT Amenities

  • Spacious Floor Plans
  • Renovated Interiors
  • Fully Equipped Kitchen
  • Ceiling Fans
  • Oversized Closets
  • Faux-Wood Flooring*
  • Faux-Granite Countertops*
  • Updated Cabintry*
  • Vaulted Ceilings*
  • Wet Bar
  • Fireplace
  • Black-on-Black Appliances*
  • Private Patio / Balcony
  • Washer / Dryer Connections

COMMUNITY Amenities

  • Sparkling Pool with Sundeck
  • Spa
  • Clubhouse
  • On-Site Maintenance
  • Gazebo
  • Near Loop 410 and Interstate 10

The community is comprised of 24 one-bedroom units ranging from 739 to 786 square feet and 84 two bedroom units ranging from 1,000 to 1,468 square feet, with an overall average unit size of 1,122 square feet. Built in 1984 per BCAD, the property encompasses a net rentable area of 121,172 square feet. Nestled in a residential neighborhood, the property has plenty of green space with mature oak trees. Surface street parking is dispersed throughout the property.

Sierra Royale is contiguous to the city’s Medical Center District in northwest San Antonio. In addition to numerous medical facilities, the area is home to the headquarters of insurance and banking giant USAA, as well as major corporations Valero Energy and NuStar Energy. Northwest San Antonio is also home to the main campus of The University of Texas San Antonio and the UT Health San Antonio, making the property a major draw for college students. Within three miles of the property is Ingram Park Mall, offering a diverse mix of shopping, dining, and entertainment options.

DEMOGRAPHICS

CONTACT US

Investment Advisors

MIKE MILLER

Managing Director

Mike.Miller@berkadia.com

210.377.1535

WILL CARUTH

Senior Director

Will.Caruth@berkadia.com

210.377.2768

CHRIS ROSS

Director

Chris.Ross@berkadia.com

210.344.5680

CODY COURTNEY

Associate Director

Cody.Courtney@berkadia.com

210.377.1219

Financing

CAMERON HART

Director

Cameron.Hart@berkadia.com

512.226.8708

SAN ANTONIO OFFICE

70 NE Loop 410, Suite 306

San Antonio, TX 78216

Phone: 210.377.1191

Berkadia.com

Berkadia®, a joint venture of Berkshire Hathaway and Jeffries National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry.
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