Rio at 1604

Rio at 1604

View Offering Memorandum and Financials

Offering Summary:

  • Location: San Antonio, Texas
  • Year Built: 1983
  • Units: 132

Investment Highlights:

  • 132 Units in Northeast San Antonio: Recently renovated apartment and townhome community located near Loop 1604 and US-281, just northeast of the San Antonio International Airport
  • Convenient Access to Major Employment Centers: Stone Oak Medical Center, Sonterra Business Corridor, Methodist Stone Oak Hospital, North Central Baptist Hospital, USAA Headquarters, the Airport Business Corridor, and the broader North Central San Antonio employment base
  • Positioned to Benefit from Significant Airport-Led Economic Expansion: Currently undergoing a $2.5 billion expansion that is expected to further enhance regional employment, connectivity, and long-term housing demand
  • Low-Density Site Plan with Oversized Floor Plans: The all-two-bedroom unit mix averages 1,242 square feet and ranges from 949 to 1,324 square feet

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