ABOUT THE PROJECT
Stone Oak Alamo Residences is a 264-unit multifamily development in Stone Oak neighborhood in San Antonio, TX, one of the city's most exclusive areas.
With 17.67 acres of development land along the Stone Oak Parkway, the multifamily ready property is located near Highway 281 and provides easy access to major employment hubs, entertainment centers, and commercial complexes.
It will benefit directly from the revolutionary 281 North Expansion Project, a $350 million TxDOT highway expansion now in its second phase of development.
| INVESTMENT SUMMARY | |
| Location | 20613 Stone Oak Parkway San Antonio, TX 78258 |
| Planned Construction Start Date | May 1, 2022 |
| Planned Certificate of Occupancy (CO) Date | Dec 30, 2023 |
| Total Units | 264 |
| Net Rentable Area | 226, 248 SF |
| Average Unit Size | 857 SF |
| Average Market Rent/Unit | $1,426 |
| Targeted Project IRR | 27.3% |
| Targeted Equity Multiple | 2.04 |
| Targeted Investor IRR | 24.8% |
PROJECT INFORMATION
GENERAL PROPERTY INFORMATION
| Name | Stone Oak Alamo Residences |
| Acreage | 17.67 Acres |
| Project Sf | 231,712 SF |
| Rentable Sf | 226,248 SF |
| Units | 264 |
| Parking Spaces | 462 |
| Parking Ratio | 1.75 |
| Buildings | 11 Bldgs x 24 Units/Bldg |
| Stories | Three Story Walk-up |
| Address | 20613 Stone Oak Parkway |
| City/State | San Antonio, TX 78258 |
| Planned Construction Start Date | 05/01/2022 |
UNIT MIX AND MONTHLY RENT BY UNIT MIX
Community Amenities
- Resort-style Pool With Cabana
- Astounding Hill Country Views
- A Two-story Fitness Center With Pool And Courtyard Views
- Open-air Social Area With Deluxe Grill Stations
- Outdoor Music And Television
- Dog Park
- Pet Washing And Grooming Station
- Club Room With Coffee Bar And Billiards Table
- Wi-fi Access In Common Areas
- Controlled And Monitored Access Gates
- Private Garages Available
- Elevator Served Community
Apartment Interior Features
- Modern Floor Plans with Abundant Natural Light
- Harwood-style Floors
- Energy Star Stainless Steel Appliances
- Quartz Or Granite Countertops With Under-mount Sinks
- Tiled Backsplash
- Designer Pendant Light
- Large Entertaining Island
- 2” Faux-wood Blinds
- Full-size Washer/Dryer Connections
- Custom Tub & Shower Surrounds
- Walk-in Showers & Garden Tubs
- Spacious Walk-in Closets
- Private Patios And Balconies
- Nine-foot Ceiling
- Wi-Fi Smart Locks*
- Pet Yards*
PROJECT SITE MAP
PROJECT SITE PLAN
PROJECT PROFORMA
