Alamo Towers — Sale in San Antonio, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: San Antonio, TX 78209

Description

Acquire Quality Assets in an “A” Location with Excess Land Before the Office Sector Cycles to More-Favored Asset Class This offering provides an amazing opportunity to acquire Alamo Towers (“Property”), two eight-story properties in a great location with a clear path to lease-up, higher rent and double-digit stabilized yield. There are no buildings more prominent than Alamo Towers along Loop 410 in San Antonio’s north central submarket. Current ownership is in the midst of modernizing the properties so new ownership can complete the transformation to position Alamo Towers as the best Class B+/A- asset in the area. Immediate upside can be realized with spec suites and landscaping. The adjacent under-utilized 3.5 acres can be separately platted and sold off as smaller retail pad sites and/or as one parcel for largerscale development.

Market Context

This commercial property in San Antonio, TX is listed for sale. It has been on the market for 113 days. Compare it against other commercial property listings for sale in San Antonio, TX — view the full market.

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