- For Sale Contact for pricing
- Property Type Other
- Property Size 164,785 SF
- Units 208
- Year Built 1974
- Date Updated Apr 26, 2024
- Website alamoestates.sharplaunch.com
Alamo Estates Apartments is a renovated 208-unit multifamily community located in the Camelot submarket of San Antonio, Texas. The garden-style property was built in 1974 and is comprised of two-story apartment buildings constructed of masonry / brick with hardi siding and pitched roofs. Alamo Estates offers a variety of spacious and contemporary one-, two-, and three-bedroom residences featuring fully equipped kitchens, wood-style flooring, and private patios / balconies. Common area amenities include a resort-style swimming pool, an outdoor kitchen, a clubhouse, a fitness center, and laundry room. The grounds span 9.64 acres and feature a lush, mature landscaping.
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Attachments
Highlights
- Alamo Estates is being offered as a loan assumption at 4.21% fixed rate through October 2031 well below current market rates.
- Excellent location with great access to 410 Loop, I-35 and I-10 and a multitude of great paying jobs including HEB Distribution Centers (multiple), Walmart Supercenter, Home Depot, and Amazon Fresh Food DC.
- Outstanding value add opportunity with 168+ units not upgraded and additional rent growth potential via addition of washer/dryer, technology package, and package locker implementation of these strategies could yield $595,000 in additional revenue.
- Current owners spent close to $1.8mm on Capital Improvements, mainly on modernizing exterior and adding amenities.
- Alamo Estates has a resort-type feel with lush landscaping, beautiful pool, fitness center overlooking pool, outdoor kitchen grilling station with pavilion plus a new dog park and playscape.
- Rents are approximately $200 below market which should yield additional rent and NOI.
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Contacts
Abraham Garza III
GREA
(713) 595-9582
Jordon Emmott
GREA
(713) 595-9584
Shayan Hasnain
(713) 595-9580
Jamie Harrington
GREA
(713) 595-9581
Location
Getting Around
-
Walk Score ®
Very Walkable (74) -
Transit Score ®
Some Transit (36) -
Bike Score ®
Bikeable (52)
- City San Antonio, TX
- Neighborhood Camelot - East Village
- Zip Code 78218
- Market San Antonio
Points of Interest
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Wonderland Express Train Station
2.31 miles
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Longhorn and Western Train Platform
4.31 miles
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San Antonio Zoo Eagle Train Station
6.49 miles
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San Antonio
8.49 miles
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H-E-B Fuel
0.62 miles
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Shell
0.96 miles
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Valero
1.01 miles
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Valero
1.29 miles
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Shell
1.31 miles
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Exxon
1.43 miles
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Valero
1.85 miles
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Chevron
1.95 miles
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Valero
2.10 miles
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H-E-B Fuel
2.23 miles
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Vistor parking
3.64 miles
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SAMMC Parking Garage
4.06 miles
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Lot 2
4.14 miles
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Lot 1
4.19 miles
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Lot 3
4.25 miles
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Lot 7
4.32 miles
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Lot 6
4.39 miles
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Lot 5
4.47 miles
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Lot 4
4.51 miles
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Car Pool Parking
5.10 miles
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Pizza Hut
0.36 miles
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Artic Ape Frozen Yogurt
0.52 miles
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Bill Miller Bar-B-Q
0.56 miles
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KFC
0.59 miles
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Burger King
0.66 miles
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Fishland Fish Market
0.67 miles
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Benny's Tacos
0.71 miles
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Subway
0.73 miles
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Thai Chalurn
0.77 miles
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Pho Hai An
0.79 miles
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White Middle School
0.12 miles
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Camelot Elementary School
0.62 miles
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Roosevelt High School
0.63 miles
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Windcrest Elementary School
0.77 miles
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Lighthouse Charter School
1.14 miles
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Park Village Elementary School
1.21 miles
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Hartman Elementary School
1.23 miles
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Walzem Elementary School
1.29 miles
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Walzem Elementary School
1.42 miles
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Shekinah Walzem School
1.45 miles
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Children's World Learning Center
0.10 miles
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Eisenhauer Road Baptist Day Care Center
2.43 miles
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Faith Temple Church of God in Christ Day Care Center
2.76 miles
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Kindercare Learning Centers
3.47 miles
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Feed My Sheep Early Learning Center
3.50 miles
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Children's World Learning Center
3.70 miles
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MacArthur Park Lutheran School
4.06 miles
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Bo-Peep Learning Center
4.19 miles
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Panda Bear Day Care
4.32 miles
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New Horizons Learning Center and Day Care
4.45 miles