The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
December 3, 2021
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
DB Capital Management Makes 352-Unit Multifamily Buy in San Antonio

11/26/21

DB Capital Management has purchased Salado Springs, a 352-unit multifamily community in North Central San Antonio, TX. Built in 1997, Salado Springs is located at 12727 Vista Del Norte and is 15 miles north of downtown San Antonio and five miles from San Antonio International Airport.

The property offers easy access to Hwy 281 and is centrally located near some of the largest employers in San Antonio including: San Antonio International Airport (100,000 jobs), USAA (16,000 jobs), Valero (10,000 jobs), South Texas Medical Center (30,000 jobs). The property was 98% occupied at closing.

DB Capital Management will rebrand the asset as Summit at Salado Springs and immediately initiate a $6.5 mil renovation program that will include upgrading all units with new flooring, countertops, smart home "tech packages," in-unit washer/dryer, and new light fixtures. They will also modernize the exterior and common areas.

DB Capital plans to aggressively target multifamily acquisitions in San Antonio, a city that ranks third in population growth in the latest US Census and has been one of the top performing multifamily markets during the COVID-19 pandemic, according to DB Capital Co-founder and CEO Brennen Degner.





Return to the previous page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2021 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media