THE SUMMIT OF THOUSAND OAKS

The Summit of Thousand Oaks

1550 Thousand Oaks Drive, San Antonio, TX 78232

The Summit of Thousand Oaks is a charming 1983 garden style asset spanning 224 units over 16 building. The well maintained property sits on 8.58 acres with mature oak trees lining the asset and providing significant shade.

The property is located in North Central San Antonio on Thousand Oaks Drive, with over 15,000 vehicles driving by daily. The summit has quick access to US-281, a major North/South arterial highway, providing residents an easy route to the San Antonio International Airport in 8 minutes and Downton San Antonio in 15 minutes.

224 Unit Institutional-Quality Value-Add

Year Built: 1983

Number of Units: 224

Average Unit Size: 732

Planned Exterior Renovations

Refresh Dog Park

Rebrand/Signage

Landscape/Tree Trim

Refresh the Pool

Refresh the Grill

Add Exterior Lighting

Upgrade Laundry Center

Add New Access System

Exterior Paint

Cedar Wraps

Add Package Locker

Planned Interior Unit Renovations

Additional Storage

Hardwood Style Flooring

Stand Alone Showers

Subject to Availability

Alarm

Built In Computer Desk

Elegant Crown Molding

Full Size Washer/Dryer In Unit

Garden Bathtubs

Gated Community/Controlled Access

Granite Countertops

Hard Surface CounterTops

High Speed Internet

Value-Add Strategy

Our strategy for this asset will involve implementing a Value-Add approach, which includes refurbishing the exterior, adding exterior amenities, and upgrading the units themselves. Over 50% of the units are in a classic condition - offering significant income potential from renovated units.

Houston MSA

Excellent location in North San Antonio (close proximity to the airport, central business district, and major medical centers). Superb Surrounding Neighborhood (multiple churches and schools nearby) in a highly desired area.