San Antonio Apartments for High-Income Renters

San Antonio Apartments for High-Income Renters

Daniel Corp. has recently started construction on a luxurious apartment complex consisting of seven buildings and 350 units, located at Loop 1604 and Bulverde Road. The project is specifically designed for high-income individuals.

Although the exact figures for construction and land costs have not been disclosed, sources from the San Antonio Business Journal reveal that Daniel secured a loan of $48.29 million from Fifth Third Bank to finance this development.

The complex will offer studio, one-, two-, and three-bedroom units with additional features such as private garages in select carriage house buildings. Residents can also enjoy various amenities including a triple-tiered pool, coworking space, “grab-and-go” market, and pet park with an adjacent pet spa. The first set of units is expected to be completed by early 2025 under the supervision of DFW-based general contractor Rampart.

This upcoming apartment community in San Antonio caters to affluent renters seeking upscale living options without mentioning any specific brand names or locations.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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