Offers to purchase Oaks of Westlakes requested by Thursday, May 24, 2012 by 5pm CST
Constructed in 1984, Oaks of Westlakes is a well-maintained apartment community in the highly desirable far west submarket of San Antonio, Texas. Consisting of 268 well-appointed units, the property boasts a strong history of occupancy, currently at 95 percent. Situated on approximately ten acres, Oaks of Westlakes offers residents three distinct floor plans including one and two bedroom units. Extensive community amenities include a clubhouse, controlled access entry, a fitness center, volleyball court, beautiful custom-designed swimming pools, and three onsite laundry facilities. Within one mile of the intersection of Loop 410 and Highway 151, the property benefits from its close proximity to Westover Hills, a 1,300-acre master-planned community and one of the Alamo city’s major employment hubs. With significant demand drivers in the immediate vicinity, this unique 268-unit asset provides investors the opportunity to acquire a stable investment with upside potential and long-term value appreciation.