430 KENDALIA AVE San Antonio TX 78214-2476

Summary:

The Multifamily Group is pleased to present the Arc at Kendalia, a 12-unit community in San Antonio, Texas. Built in 1985, the property offers six one-bedroom one-bathroom units and six two-bedroom one-bathroom units, each equipped with vinyl plank flooring, kitchen appliances, ceiling fans, painted cabinets with modern cabinet pulls, and two-tone paint. The Arc at Kendalia is being offered free and clear of existing debt.

Value-Add:

• Renovate the remaining two units to capture an estimated $175/month/unit average rental premium

• Charge a premium for the first-floor units, which include private patios and enclosed yards

• Install carports

• Offer a cable and internet package

Prime Location:

Located in the Harlandale neighborhood, the Arc at Kendalia Ave offers residents a convenient and walkable environment, with H-E-B nearby and several shopping centers like Military Plaza and Pleasanton Point within a 5-minutes. Downtown San Antonio, known for its vibrant River Walk and historic sites, is just a short drive away, providing easy access to cultural and entertainment venues. Additionally, the neighborhood is close to recreational spots like Espada Park, offering outdoor activities for residents.

• 10 Units Have Been Upgraded and Are Achieving $175 Premiums on Average

• Individually Metered, Individual HVACs & Hot Water

• Owners Have Injected $165,000+ in Exterior Upgrades and the Parking Lot

• Walking Distance to H-E-B

• Short 15-Minute Commute to Downtown San Antonio

• 4% Y-O-Y Rent Growth (Yardi)

• All K-12 Public Schools Are Within a Mile

• Offered Free and Clear of Existing Debt