Iconic at the Station

Iconic at the Station, San Antonio, TX 78218

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 751 SF
  • Year Built 1964
  • Date Updated Sep 21, 2026

Description

REO: Lender-Driven Sale | 75 Units With Strategic Value-Add Upside In San Antonio, TX

Colliers is pleased to present Iconic at the Station, a 75-unit garden-style community with strategic value-add upside located along I-410 in San Antonio, TX. With nearly all 75 units already renovated, Iconic at the Station offers a clear path to higher revenue through below-market inplace rents and targeted exterior enhancements. Unit interiors feature modern cabinets, LVP flooring, granite countertops, and black/stainless steel applian ces.

Fresh exterior paint, an updated leasing entrance, and enhancements to the pool and courtyard will complement these renovations and strengthen the property’s appeal to a higher-income demographic. Nearby Sunset Ridge, built in 1949, demonstrates the upside available through a coordinated renovation program, achieving average rents $447/unit above Iconic at the Station.

New ownership will acquire a value-add opportunity with the ability to capitalize on no new supply scheduled within four miles over the next 36+ months, projected market rent growth exceeding 3% annually in 2029 and 2030, and more than 123,000 employees within a five-mile radius. The property offers easy access to Joint Base San Antonio, Brooke Army Medical Center, Northeast Baptist Hospital, San Antonio International Airport, and major Amazon and H-E-B distribution operations. With nearly all renovated interiors already in place, a focused exterior and amenity program positions new ownership to capture higher rents ahead of the anticipated market recovery and build value for a future exit.

 

81% Occupied

Contacts

Location

Located at Iconic at the Station, San Antonio, TX 78218, this property is part of the San Antonio International Airport neighborhood and San Antonio market.

Contact Iconic at the Station
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