- For Sale Contact for pricing
- Property Type Other
- Property Size 162,944 SF
- Lot Size 8.38 SF
- Date Updated Aug 4, 2025
Executive Summary
Colliers is pleased to present the rare opportunity to assume 3.81%-fixed-rate-debt and acquire Station at Elm Creek, a 322-unit value-add multifamily asset located in one of San Antonio's most resilient and high-growth corridors near the South Texas Medical Center. With a majority of units in classic condition, the asset is primed for a focused renovation strategy—allowing new ownership to drive rent growth, enhance curb appeal, and capitalize on strong in-place cash flow.
Strategically located just minutes from the 900-acre South Texas Medical Center—employing over 60,000 professionals—Station at Elm Creek benefits from deep tenant demand, exceptional connectivity, and proximity to major employers like USAA and UTSA. The submarket features limited new supply, high occupancy, and access to premier retail destinations including The Rim and The Shops at La Cantera.
With powerful market tailwinds and untapped upside, Station at Elm Creek presents a compelling opportunity to achieve outsized returns in a top-tier San Antonio location.
Investment Highlights
Prime Location Adjacent to South Texas Medical Center | Located minutes from the 900-acre South Texas Medical Center, one of the largest medical hubs in the state, employing over 60,000 healthcare professionals, creating steady, year-round rental demand
Convenient Connectivity to Loop 410 & Major Arteries | Excellent connectivity with immediate access to Loop 410, IH-10, and Highway 281, providing residents with short commutes to Downtown San Antonio, USAA, UTSA, and major employment and retail centers
An Established Submarket That Provides Stable Fundamentals | Proximity to major demand drivers in the area help provide consistent rent growth and strong occupancy trends
Low-Rate Assumable Debt | With a low 3.81% fixed rate., this opportunity offers ease of mind to investors in a somewhat volatile debt market
Recent Renovations | With over $881K in capital improvements in place, new ownership can focus future capital on interior renovations and strategic rebranding, directly targeting revenue growth and value creation
Value-Add Opportunity | Station at Elm Creek offers significant upside through interior renovations, operational efficiencies, and rent growth to enhance NOI and overall asset value
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
72/100
Very Walkable
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Transit Score ®
47/100
Some Transit
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Bike Score ®
27/100
Somewhat Bikeable
- City San Antonio, TX
- Neighborhood Near Northwest San Antonio
- Zip Code 78229
- Market San Antonio
Points of Interest
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San Antonio Zoo Eagle Train Station
5.75 miles
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San Antonio
7.39 miles
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Spassburg Train Station
7.44 miles
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Crackaxle Train Station
7.48 miles
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Longhorn and Western Train Platform
8.09 miles
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7-Eleven
0.18 miles
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Citgo
0.29 miles
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QuikTrip
0.42 miles
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CPSESATX WONDERLAND 5
0.65 miles
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CPSESATX WONDERLAND 03
0.67 miles
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Shell
0.85 miles
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Texaco
0.89 miles
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Valero
0.94 miles
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In & Out Express
1.12 miles
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Tesla Supercharger
3.63 miles
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Lot 8
1.05 miles
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Lot 5
1.09 miles
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Garage B
1.09 miles
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Lot 2
1.09 miles
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Lot 9
1.12 miles
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Lot 6
1.16 miles
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Lot 3
1.19 miles
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Lot 10
1.20 miles
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Lot 11
1.21 miles
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SpringHill Suites
0.55 miles
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Oyo Inn & Suites
0.62 miles
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San Antonio Marriott Northwest Medical Center
0.73 miles
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Embassy Suites
0.76 miles
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Howard Johnson
0.82 miles
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La Quinta Inn & Suites San Antonio Medical Center
1.10 miles
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Country Inn & Suites
1.17 miles
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Best Western Plus
1.49 miles
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Courtyard
1.51 miles
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Comfort Inn & Suites
1.63 miles
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Dimassi's Mediterranean Buffet
0.26 miles
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Beijing Express
0.26 miles
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Jack in the Box
0.53 miles
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Dave & Buster's
0.54 miles
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Spice
0.57 miles
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Big John's Pizza
0.58 miles
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El Rodeo
0.59 miles
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Jim's
0.62 miles
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Wing Zone
0.64 miles
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Chacho's
0.67 miles
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Dellview Elementary School
0.73 miles
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Saint Gregory School
0.82 miles
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John H Wood Junior Charter School
0.89 miles
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Mildred Baskin Elementary School
1.00 miles
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Mead Elementary School
1.07 miles
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University of Texas Health Science Center at San Antonio - Long Campus
1.20 miles
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Southwest Preparatory School Northwest Campus
1.23 miles
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The College of Health Care Professions
1.39 miles
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Charles Arnold Elementary School
1.40 miles
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Saint Luke's School
1.41 miles
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Children's Enrichment Center
0.77 miles
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Oak Hills Presbyterian Church Day Care Center
0.77 miles
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Pilgrim School and Daycare
1.15 miles
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Country Home Learning Center
1.32 miles
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Pre-K For SA North
1.50 miles
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Kindercare Learning Centers
1.56 miles
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Oak Hills Child Development and Learning Center
1.64 miles
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Joys of Heaven Daycare and Learning Center
1.88 miles
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I'm Just A Kid!
2.13 miles
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DeColores Bilingual Academy
2.38 miles
Frequently Asked Questions
The sale price for For Sale I Station at Elm Creek is available upon request. Contact the listing broker for more information.
For Sale I Station at Elm Creek totals 162,944 square feet.
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