210-401-0197
5050 Fredericksburg Rd, San Antonio, TX for Sale
Apartments - FOR SALE
1/35
null | Request Cap Rate

5050 Fredericksburg Rd
San Antonio, TX 78229
Lafayette Place


HIGHLIGHTS

  • Rare opportunity to acquire Station at Elm Creek
  • Prime Location Adjacent to South Texas Medical Center
  • Convenient Connectivity to Loop 410 & Major Arteries
  • An Established Submarket That Provides Stable Fundamentals
  • Recent Renovations
  • Value-Add Opportunity

OVERVIEW

Executive Summary Colliers is pleased to present the rare opportunity to assume 3.81%-fixed-rate-debt and acquire Station at Elm Creek, a 322-unit value-add multifamily asset located in one of San Antonio's most resilient and high-growth corridors near the South Texas Medical Center. With a majority of units in classic condition, the asset is primed for a focused renovation strategy—allowing new ownership to drive rent growth, enhance curb appeal, and capitalize on strong in-place cash flow. Strategically located just minutes from the 900-acre South Texas Medical Center—employing over 60,000 professionals—Station at Elm Creek benefits from deep tenant demand, exceptional connectivity, and proximity to major employers like USAA and UTSA. The submarket features limited new supply, high occupancy, and access to premier retail destinations including The Rim and The Shops at La Cantera. With powerful market tailwinds and untapped upside, Station at Elm Creek presents a compelling opportunity to achieve outsized returns in a top-tier San Antonio location. Investment Highlights Prime Location Adjacent to South Texas Medical Center | Located minutes from the 900-acre South Texas Medical Center, one of the largest medical hubs in the state, employing over 60,000 healthcare professionals, creating steady, year-round rental demand Convenient Connectivity to Loop 410 & Major Arteries | Excellent connectivity with immediate access to Loop 410, IH-10, and Highway 281, providing residents with short commutes to Downtown San Antonio, USAA, UTSA, and major employment and retail centers An Established Submarket That Provides Stable Fundamentals | Proximity to major demand drivers in the area help provide consistent rent growth and strong occupancy trends Low-Rate Assumable Debt | With a low 3.81% fixed rate., this opportunity offers ease of mind to investors in a somewhat volatile debt market Recent Renovations | With over $881K in capital improvements in place, new ownership can focus future capital on interior renovations and strategic rebranding, directly targeting revenue growth and value creation Value-Add Opportunity | Station at Elm Creek offers significant upside through interior renovations, operational efficiencies, and rent growth to enhance NOI and overall asset value For more information contact Phillip Grafe 210-401-0197 I Phillip.Grafe@colliers.com

FOR SALE DETAILS

PRICE

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# OF UNITS

322

CAP RATE

Request Cap Rate

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Station at Elm Creek

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1981

PARKING SPACES

400

LAND DETAILS

LAND ACRES

8.52 AC

LAND SF

371,316 SF

ZONING

C-2

APN/PARCEL ID

15024-000-0030

ASK ABOUT THIS PROPERTY

Phillip GrafeColliersMore Info
210-401-0197

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Phillip GrafeColliersMore Info
210-401-0197

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