WaterWalk at The Rim, a unique combination of hotel and apartment living, is currently on the market for sale. This impressive 204,000-square-foot complex features 153 units and was constructed in 2016. According to a marketing flyer from JLL, the occupancy rate stands at an impressive 88%. The San Antonio Business Journal reports that while no offering price has been disclosed yet, Bexar County tax records show an assessed value of $13,775,000.
JLL recommends this property as ideal for conversion from hotel to multifamily use. They also note that minimal investments would be required by any potential new owner looking to make upgrades. Additionally highlighted are its convenient location near popular attractions such as Topgolf and Andretti Indoor Karting.
WaterWalk offers one-, two- and three-bedroom units available either furnished or unfurnished with prices starting at $1
