Walker & Dunlop Investment Sales (WDIS) has been exclusively retained to offer the fee simple interest in Tara (the “Property”), a value-add garden apartment community located in the nation’s fastest growing large city – San Antonio, TX. Due to the Property’s proximity to two of San Antonio’s major thoroughfares, residents have unbeatable access to local attractions and the surrounding metro. Tara is located off the southeast corner of the HWY-281 & I-410 intersection in San Antonio’s most coveted neighborhood, Alamo Heights. The location is known for safe, high-end neighborhoods and exclusive retail districts, with over 2M SF of shopping centers within a 2-mile radius. Most notably, Alamo Quarry Market sits 5 minutes from the Property, offering tenants access to over 65 restaurants, retail providers, and entertainment options. Headlined by San Antonio International Airport, HEB, TMAC, and Fort Sam Houston, employment opportunities in the immediate area are also abundant. Property quality and neighborhood amenities have driven impressive property performance, consistently outpacing competition with higher rents and 90%+ occupancy. The infill location coupled with lack of available land has created extremely favorable supply and demand fundamentals, with only one property under construction in a 3-mile radius, and zero units in planning. In turn, Tara is a unique opportunity to acquire an existing property with strong in-place cash flow and the potential for future redevelopment. Current ownership has invested nearly $8M into the property over the last 5 years, providing a property with little deferred maintenance and supreme property conditions. 85 units (37%) have been renovated, commanding a 14% premium over classic units. With a proven value add program already implemented, future ownership has the potential to upgrade the remaining 147 units for upwards of $270k in additional NOI. Natural rent increases from heightened demand and a dwindling supply pipeline will also drive valuations higher in the coming years. Tara is available Free & Clear on an all-cash basis.