*STANDARD OPERATING PROCEDURES FOR NEWMARK REPRESENTING A BUYER OF RESIDENTIAL REAL ESTATE
Please be advised that prior to showing a purchaser a property: (1) we do not require identification from a prospective purchaser, (2) we do not require a purchaser to sign an exclusive brokerage agreement, and (3) we do not require a pre-approval for a mortgage loan in order to show a purchaser properties.
Properties
Central Texas Value-Add Two-Pack
1400 Patricia Dr. & 1703 IH-35 N, San Antonio & San Marcos, TX 78213 & 78666
Overview
| Property Subtype | Low-Rise/Garden |
|---|---|
| Sale Price | Subject To Offer |
| Number Of Units | 548 |
| Year Built | 1982 |
Description
The Lennox & The 1856 (“Central Texas Value-Add Two-Pack”) present a rare opportunity to acquire two Central Texas multifamily properties and gain a significant footprint (548 units) in one transaction, allowing a new owner to capture operational and management efficiencies. The properties are available for purchase as a portfolio sale.
Location
The Lennox is an outstanding value-add opportunity in ideal north central San Antonio location. The 1856 is an outstanding value-add opportunity to acquire a third generational-owned property in ideal San Marcos location
Contact Broker
Matt Michelson
Executive Managing Director
Newmark
| Office | 210.529.7266 |
|---|
Jim Young
Senior Managing Director
Newmark
| Office | 512.637.1265 |
|---|
Andrew Dickson
Managing Director
Newmark
| Office | 512.637.1237 |
|---|
Patton Jones
Vice Chairman
Newmark
| Office | 512.637.1213 |
|---|
Chase Easley
Director
Newmark
| Office | 512.676.5529 |
|---|
Matt Greer
Vice Chairman
Newmark
| Office | 512.637.1236 |
|---|
Andrew Wilson
Director
Newmark
| Office | 512.637.1268 |
|---|
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