Club at Stone Oak
21739 Hardy Oak Blvd, San Antonio, TX, 78258-2360, US
250 units
Attributes
Number of units
172
Year built
2000
Rent & Income Restrictions
100% LIHTC @ 60% AMI
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Chapel Run, a 172‑unit, 100% LIHTC at 60% AMI family community in Decatur, Georgia within the growing Atlanta MSA. With its LIHTC LURA expiring in 2033, investors have the flexibility to pursue either a preservation strategy or a future market‑rate conversion in a tightening supply environment. The property features large floorplans and a strong amenity package, and benefits from 92% physical occupancy and strong 60+ day collections.
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Investment Highlights
- Strengthening Fundamentals Drive Income Potential
- Expiration of the LIHTC LURA in 2033 Offers Reversion Flexibility
- Preferred LIHTC Property in the Submarket with Enhanced Amenities & Generous Unit Sizes
- High Cost of Home Ownership Fuels Demand for Family-Sized Rentals
- Situated in the Premium, Growing Atlanta MSA
Media
Chapel Run (0 Properties)
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Last updated
26 Mar 2026