Amara - San Antonio

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase fee-simple interest in Amara, (The "Property"), a 308-unit, 2019-vintage multifamily community ideally located in North West San Antonio. The Property sits off the highly desirable intersection of Loop 1604 and Interstate 10, allowing for easy commute throughout the metro. The Property is only 20 minutes or less from the Valero Headquarters, USAA Headquarters, the South Texas Medical Center, the I-10 office corridor, and the San Antonio International Airport. Furthermore, the property's ideal location provides tenants direct access to both The RIM and The Shops at La Cantera. Notably, The RIM is the #1 most visited shopping center in Texas and hosts over 1 million square feet of best-in-class retail. Together, these entertainment destinations include: Topgolf, Life Time, Andretti Indoor Karting, iFly, and numerous upscale dining and retail options. In addition, the Property benefits from limited multifamily supply competition in a demographic-rich submarket. With only two projects planned or under construction in the RIM area, the lack of competing supply on the horizon forecasts a promising future rent growth environment. The property's attractiveness is further enhanced by its location within the affluent La Cantera and RIM zip codes (78256 and 78257), which boast impressive median household incomes of $129k and $122k, respectively. In sum, this offering presents a lucrative opportunity to acquire a well-located, walkable “Gurban” asset at a substantial discount to replacement cost.