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4000 Horizon Hill

Class: B
Year: 1984
Style: Garden-Style

Acquired Date: June 2018
Address: 4000 Horizon Hill, Austin, TX 78229
Property URL: 4000horizonhill.com

For tenants (and their pets) who call Horizon Hill home, they are just minutes from some of San Antonio’s most exciting offerings, thanks to easy access to major highways, I-10 & 410. With its lush, tropical surroundings, swimming areas, tanning decks, and complimentary Wi-Fi in the coworking center, residents can transport themselves to a sun-soaked vacation just steps from their front door. Located in San Antonio’s Medical District, Horizon Hill boasts updated floor plans, a modern fitness facility, and a 24-hour maintenance team—just some of the features that make this an excellent investment opportunity. The garden-style development has 273 units and was built in 1984, but its recent update has given it a luxurious, condo-style feel.

Common area amenities

  • Gated Community
  • Three Swimming Pools w/Sundecks
  • 24-Hour Access Package Lockers
  • Co-Working/Business Center
  • 24-Hour Fitness Center
  • Pet-Friendly – Dog Walking Trails & Pet Stations
  • Outdoor Kitchens with Pergolas
  • Two Large Clothing Care Centers
  • Covered Parking Available

Interior Amenities

  • Washer & Dryer Connections*
  • Black Appliances*
  • Faux Granite Countertops
  • Faux Hardwood Flooring/Carpet
  • Fireplace*
  • Walk-In Closets
  • Private Patio or Balcony
  • Ceiling Fans
  • Tile Backsplash in Kitchen*
* In Select Units

Business Plan

The plan for Horizon Hills was to remodel the fitness center, add a dog park and enhance the landscaping. For the interiors, we plan to upgrade the units by adding granite countertops, backsplashes, Faux hardwood, add microwaves, and USB ports. Horizon Hill and Knoll Crest were purchased through the Alamo2Prop combined investment opportunity. Alamo2Prop was refinanced, returning 32% of the investors initial capital. Due to the execution of the business plan, the combined property values increased over $6 million within two years of ownership.

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