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7220 Marbach Rd
San Antonio, TX 78227
Loma Vista Apartments · Multifamily Property For Sale
·
215 Units
PROPERTY FACTS
| No. Units | 215 | Building Size | 208,049 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 7.42 AC | ||
| Zoning | C-2 | ||
| No. Units | 215 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.42 AC |
| Building Size | 208,049 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | C-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Carpet
- Freezer
- Pantry
- Patio
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Gated
- Laundry Service
ABOUT 7220 MARBACH RD , SAN ANTONIO, TX 78227
JLL is pleased to present the unique opportunity to acquire Aragon Place Apartments, a “value-add” opportunity consisting of 216 units, including two model units and a storage unit, located in San Antonio, Texas. Aragon Place Apartments is strategically nestled between the North West and West Submarkets. The property is optimally situated on Marbach Road on the edge of Westover Hills, San Antonio’s leading large-scale, mixed-use development, master planned and within the highly coveted Northside Independent School District. Aragon Place is nestled between major retail and entertainment hubs like Westlake Shopping Center, Westover Marketplace, SeaWorld and the Port of San Antonio with ambitious goal to add 5,000 jobs in 12 months. This Property is near a variety of major employers such as Lackland Air Force Base (3.5 miles) and Port of San Antonio (6 miles). This gives the Property the feel of a close-knit urban community while boasting the advantages of a “Suburban” lifestyle. Due to its close proximity to major highways, employment hubs, quality retail services, eateries, entertainment and recreational amenities, Aragon Place Apartments is truly a premier opportunity for any new buyer. Aragon’s residents love the convenient location and easy accessibility to shopping, dining, and entertainment. Major employers such as Nationwide Insurance, QVC, Wells Fargo, Coventry Health Care, CitiCorp and several other large employers are also minutes away. Aragon Place Apartments has the potential to attract many military families who relocate due to its close proximity to Lackland Air Force Base. Additional employers in the neighborhood include Christus Santa Rosa Westover Hills Hospital, numerous medical offices and businesses, Mary Hull Elementary, and such big-box stores as Kohl’s, HEB Plus and Super Wal-Mart.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 72 | $649.00 | 480 |
| 2+1 | 143 | $772.00 | 796 |
PROPERTY TAXES
| Parcel Number | 15563-005-0250 | Improvements Assessment | $14,445,340 |
| Land Assessment | $1,454,660 | Total Assessment | $15,900,000 |
PROPERTY TAXES
