For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Colliers and powered by RealINSIGHT Marketplace, Iconic at the Station is a 75-unit garden-style community with strategic value-add upside located along I-410 in San Antonio, TX. With nearly all of the 75 units already renovated, Iconic at the Station offers a clear path to higher revenue through below-market in-place rents and targeted exterior and amenity enhancements. Unit interiors feature modern cabinets, LVP flooring, granite countertops, pendant lighting, and stainless-steel appliances.
New ownership will acquire a value-add opportunity with the ability to capitalize on no new supply scheduled within four miles over the next 36+ months, projected market rent growth exceeding 3% annually in 2029 and 2030, and more than 123,000 employees within a five-mile radius. The property offers easy access to Joint Base San Antonio, Brooke Army Medical Center, Northeast Baptist Hospital, San Antonio International Airport, and major Amazon and H-E-B distribution operations. With nearly all renovated interiors already in place, a focused exterior and amenity program positions new ownership to capture higher rents ahead of the anticipated market recovery and build value for a future exit.
Due Diligence
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
