Morgan Manor Apartments, a 156-unit garden-style apartment community in northwest San Antonio, Texas. The Property is located in the richest employment hub in the MSA with 105,000 employees within a 3-mile radius, supported by regional heavyweights.
The South Texas Medical Center, USAA Corporate Headquarters, The University of Texas at San Antonio, Humana, and Hulu. With frontage along highly trafficked Fredericksburg Road and adjacency to major thoroughfares Loop 410 and I-10, the Property’s infill location offers superior access to premier economic and retail drivers.
Ownership has renovated 133 units with laminate flooring, black appliances, upgraded fixtures, and tile backsplashes, achieving up to $150 premiums over classic units. With over $1.5M spent in capex by current owners, investors can focus on value-driving uniform interior renovation strategies.