Subjects: RLE, CXP
Multifamily Acquisition in San Antonio, TX ? Sherman Residential Adds Eleven West to its Texas Portfolio
Sherman Residential has proudly acquired Eleven West, a Class A multifamily property in San Antonio, Texas.
SAN ANTONIO, Texas, July 26, 2023 /PRNewswire-PRWeb/ -- Sherman Residential has proudly acquired Eleven West, a Class A multifamily property in San Antonio, Texas.
Eleven West is an upscale residential property located in Southwest San Antonio, known for its modern design and luxurious amenities. The community offers a variety of spacious and stylish apartment homes designed to cater to different lifestyles and preferences. From balanced one-bedroom floor plans to expansive two-bedroom units, residents can find the perfect home to suit their needs. The apartments boast modern finishes, open floor plans, and large windows that allow for abundant natural light, creating a bright and inviting atmosphere. Residents of Eleven West enjoy a wide range of luxurious amenities. The property offers a state-of-the-art fitness center equipped with modern exercise equipment, a yoga studio, and dedicated spaces for wellness and relaxation. The community also features a designer pool and multiple lounges.
The property's prime location provides convenient access to dining, shopping, and entertainment options, making it an attractive choice for residents seeking a sophisticated urban lifestyle in one of Texas' most dynamic cities.
The Eleven West garden-style property and its resident-focused offering of amenities include:
- One- and two-bedroom apartments;
- Modern tech packages for superior home convenience and community security;
- Forward-thinking connectivity, like community-wide Wi-Fi and electric car charging stations;
- Privacy offerings, like fenced-in yards, in-unit washers and dryers, and personal garages; and
- Community-focused design with multi-use workspaces, a dog park for meeting other pet owners, and both indoor and outdoor kitchens perfect for hosting
On July 25th, 2023, Sherman Residential purchased and assumed the property management. Garrett Salk, Sherman's Vice President, states:
The acquisition of Eleven West will be our third deal currently in the marketplace. We were attracted to Eleven West due to the growth story in Southwest San Antonio and the attractive basis and believe it will be a great addition to the portfolio.
With a dedicated team, they look forward to creating a true sense of community for their current and future residents.
Sherman Residential has owned over 85 properties, including two others in San Antonio, and just celebrated 100 years in the real estate business. Since 1922, the family-owned company, headquartered in north suburban Chicago, has successfully managed a nationwide portfolio of multifamily properties.
To learn more about its current holdings and investment opportunities, visit shermanresidential.com.
To see the difference Sherman is bringing to Eleven West and the San Antonio multifamily market, schedule an in-person or live virtual tour of the property or learn more at elevenwestapartments.com.
Media Contact
Kristine Biederer, Sherman Residential, 8473742706, [email protected]
SOURCE Sherman Residential
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