SOJO Commons II

743 E. Locust Street

San Antonio, Texas

Equity Invested: $2.1 Million

Opportunity

This project, located in the Pearl Brewery district of San Antonio, TX, was originally intended to be a 48-unit townhome project. However, we accepted an offer to sell the undeveloped land to a large multifamily developer who assembled a group of adjacent parcels, including our site. The sale successfully closed in fall 2021.

Total Development Cost

$3.3 million

Fund

III

Asset Class

Townhouses

Number of Units

48