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 is currently at an impressive 88%. The San Antonio Business Journal has reported that while no offering price has been disclosed yet, Bexar County tax records show an assessed value of $13,775000.
JLL recommends this property as ideal for conversion from hotel to multifamily use. They also note that minimal investments would be needed by a potential new owner for upgrades. Additionally highlighted are the convenient walkability to popular attractions such as Topgolf and Andretti Indoor Karting located within The Rim.
WaterWalk offers one-, two- and three-bedroom options with both furnished or unfurnished choices available starting at $1
