College Station

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
Location20613 Stone Oak Parkway San Antonio, TX 78258
Planned Construction Start DateMay 1, 2022
Planned Certificate of Occupancy (CO) DateDec 30, 2023
Total Units264
Net Rentable Area226, 248 SF
Average Unit Size857 SF
Average Market Rent/Unit$1,426
Targeted Project IRR27.3%
Targeted Equity Multiple2.04
Targeted Investor IRR24.8%

PROJECT SITE MAP

PROJECT SITE PLAN

PROJECT PROFORMA

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