If you’re hoping to buy property in San Antonio that offers a central location near all the action but still provides a sense of comfort and relaxation for residents, look no further than Ridge at Southcross. This Class B, 212-unit garden-style community was built in 1974 and acquired in October 2016. It features 32 efficiency units, 104 one-bedroom units, and 76 two-bedroom units, making it an incredible asset to add to your portfolio. This pet-friendly community has a dog park, fitness center, swimming pool, outdoor entertainment area, and much more. Plus, it’s located near Brooks City Base and just six miles from Downtown. And those who need to commute anywhere will be glad to know that the property is situated off of two major freeways. So, whether they’re headed to work or play, getting around San Antonio will be a breeze.

Interior Amenities

• Faux Hardwood Floors and Carpet
• Faux Granite Countertops
• Black Appliances*
• Wood Blinds
• Two-tone Paint
• Ceiling Fans
• Extra Storage Available for Rental
• Walk-In Closets
• Patios or Balconies

Business Plan

For the Ridge at Southcross, The business plan included adding a fitness center, remodeling the leasing office, remodel two pools, add a sun deck, improve landscaping. Interior upgrades for 132 units include adding faux wood flooring, 2” wood blinds, USB ports, and kitchen backsplashes. This plan was executed allowing us to take out a supplemental loan on this property in February 2020, resulting in a 40% return of initial capital to our investors. We will continue to hold this property until the five year mark. At which time, the full business plan will be complete.