Haven at Westover Hills

Haven at Westover Hills

View Offering Memorandum and Financials

Offering Summary:

  • Location: San Antonio, TX
  • Year Built: 2005
  • Units: 326

Investment Highlights:

  • Low-Density, Institutional Quality: The next investor has the unique opportunity to buy an exceptionally well-maintained asset directly from the developer with minimal deferred maintenance.
  • Value-Add Opportunity: The opportunity exists to continue the in-place unit enhancement program with upgrades such as vinyl or plank flooring, updated lighting fixtures, tile backsplash, and updated cabinets for a potential $100 premium.
  • Strong Demand Through Exceptional Growth: The asset is located within the fastest growing submarket in San Antonio, which has grown 116 percent in the last 20 years.
  • Major Employers Nearby: Major employers nearby include National Security Agency (NSA), JPMorgan Chase, Citibank, Sea World, Microsoft Data Center, and Lackland Air Force Base.
  • Direct Visibility from State Highway 151: The asset is in a high-traffic location on SH 151 with visibility to more than 90,000 VPD.

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