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DB’s Goal is Owning 1,000 San Antonio Units in 24 Months
Multifamily investment firm DB Capital Management has made its way into the San Antonio market with the acquisition of Salado Springs, a 352-unit multifamily community in the north/central part of the city. DB Capital plans to aggressively target multifamily acquisitions in San Antonio.
The Alamo city is third in population growth in the latest U.S. Census and one of the top-performing multifamily markets during the pandemic, according to Brennen Degner, DB Capital co-founder and CEO.
“We are targeting extensive investment in this market with a goal to own 1,000 units in the San Antonio metro in the next 24-months,” says Degner. “Salado Springs is an exceptional garden-style asset that we were able to acquire below replacement cost. We plan to increase value through hands-on property management and an ambitious renovation plan.”
- ◦Sale/Acquisition
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Jameson St Apartments
Weatherford, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,160,000 No. of Units: 60 Average Occupancy: 98 Year Built: 1973 Building Size: 44700 Sq ft Lot Size: 4.05 Acres No. of Stories: 2 APN: R000047582 No. of Parking Spots: 100 Opportunity Zone: No Price per unit: $86,000 
3801 E MORELAND DR
WESLACO, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Call for offers Price: $7,500,000 No. of Units: 78 Year Built: 2005 Lot Size: 77325 Acres Opportunity Zone: No Price per unit: $96,153
