REO Sale: Executive Apartments | San Antonio, TX

Description:

Ri Marketplace Online Auction October 14th-16th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2726/reo-sale-executive-apartments-san-antonio-tx?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2726

SVN J. Beard Real Estate and RI Marketplace are please to present the Executive Apartments, a 68-unit, 57,890-square-foot multifamily community located in San Antonio’s well-established Balcones Heights neighborhood. Built in 1964, the property features durable brick construction and sits on 2.57 acres, providing an expansive site for a comprehensive renovation or potential redevelopment.

Currently 14.7% occupied, Executive Apartments presents a rare opportunity to acquire a sizable infill asset in a submarket that has seen no new inventory growth since 2016. Renovated properties in the area are commanding significantly higher rents, and strong occupancy trends indicate demand for quality housing in this location.

The property benefits from excellent accessibility to major highways, employment centers, and public transportation. Additionally, the community sits across from Old Spanish Trails Park, which is undergoing improvements to enhance the area’s appeal. Combined with strong market fundamentals and the city’s rapid growth, this offering provides investors with significant upside potential through a strategic value-add program or repositioning initiative.

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