Cove San Antonio Multifamily 74 DST
San Antonio, TX
| Asset Class: | Multifamily |
| Leverage: | 0%/100% Debt-Free |
| Location(s): | San Antonio, TX |
| Minimum Investment: | $25,000 |
| Current Distribution: | Monthly/Inquire |
| Offering Type: | DST |
| 1031 Exchange Qualified: | Yes |
Property Description
San Antonio Multifamily 74 DST is a 102-unit with one-, two-, and three-bedroom floorplans, all with modern amenities. Unit amenities include designer lighting & hardware, granite countertops, stainless-steel or black appliances, large closets, patios/balconies, and wood-style plank flooring. The community also benefits from a resort-style swimming pool with a cabana, fitness center, door-to-door trash pick-up, extra storage, outdoor kitchen pavilion, coffee bar, and a bark park. Minutes away from Downtown San Antonio and the Southtown District, residents have access to a diverse array of modern and historical neighborhoods, activities, and cuisine.
MSA Details
Alamo City, Military City USA, and River City are all nicknames representing San Antonio as a powerhouse in economic and cultural diversity, entertainment, and military stability. The MSA’s 1.22 million-strong labor force boasts of 400 corporate headquarters, world-class hospitals and bioscience research campuses, 189,000 jobs supported by the five active US military bases, and supreme manufacturing and supply chain corridors. This results in a resilient employment base supplied by the local talent of over 150,000 enrolled university students. 39 million annual visitors are immersed in the experience of world-renowned entertainment and retail options via Six Flags, Sea World, The River Walk, San Antonio Spurs and Alamodome, and The Rim. Low cost of living, desirable climate, expansive outdoor amenities, pro-business local and state governance, and growth-oriented infrastructure collectively generate San Antonio’s superior live, work, and play offering.
Property Highlights
- All-Cash/Debt-Free Offering
- 102 unit multifamily asset in thriving San Antonio, TX
- Strong value add play for investor equity growth potential
- Located in Texas - a Pro-Business and income tax free state
- 721 Exchange rollup as a potential exit strategy
Source: Brochure, PPM, Google Maps, CoStar
The market information provided above may not predict the future performance of the property.
*Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.
