210-591-0846
535 W Hutchins Pl, San Antonio, TX for Sale
Apartments - FOR SALE
1/17
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535 W Hutchins Pl
San Antonio, TX 78221
Harlandale


OVERVIEW

Attractive Loan Assumption Opportunities: Assume below-market, in-place loans across all four assets to reduce debt service, enhance cash flow, and gain durable interest rate protection and exit flexibility. Distressed Acquisition at Low Basis: Fundamental distress and seller motivation enable acquisition at a discount to replacement cost and stabilized value. Portfolio Scale: Acquiring all four properties together delivers immediate scale, enabling centralized management, shared vendors, stronger pricing power, and more efficient execution of value-add strategies to drive NOI growth. Operational Upside: Current underperformance from occupancy and collection inefficiencies creates immediate upside, driving controllable NOI growth in addition to future market rent increases. Value-Add Opportunity: Targeted interior renovations and strategic common area upgrades can be phased to boost tenant experience, occupancy, and rents.

FOR SALE DETAILS

PRICE

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# OF UNITS

45

CAP RATE

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% LEASED

78%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hutchins Palms

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

MF-33

APN/PARCEL ID

09427-333-0140

ASK ABOUT THIS PROPERTY

Robert DinkinsBerkadia Real Estate AdvisorsMore Info
210-591-0846

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Robert DinkinsBerkadia Real Estate AdvisorsMore Info
210-591-0846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.