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Investment Details

Funding Date
26-Oct-2016

Investment Summary

Ridge at Southcross is a 212-unit, garden-style apartment community, located in San Antonio, Texas. Built in 1974, the property is situated on 10.43 acres of land with a rentable area of 153,330 square feet and is improved with 16 two and three-story buildings featuring wood siding exteriors and pitched roofs. Ridge at Southcross contains an ideal unit mix comprised of 32 studio units encompassing 476 square feet each, 104 one-bedroom units ranging from 618 to 689 square feet, and 76 two-bedroom units ranging from 861 to 1,132 square feet, with an overall average unit size of 723 square feet. The property is well-maintained and nicely landscaped with lush grass areas, mature shade trees, colorful flower beds, and trimmed shrubs. This pet friendly property offers resort-like community amenities which include: a swimming pool, hot tub, three laundry rooms, clubhouse, pavillion, business center with free Wi-Fi, grilling area, 24-hour in-house fitness facility, gated / controlled access, 24-hour emergency maintenance, courtesy officer, disability units,
and covered parking available.

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