Property Details
Ground-Up Development 
Asset Profile
Opportunistic

Presidium Chase Hill

San Antonio, TX

Multi-Family Property
Presidium Group Austin, TX
Presidium Group
  • IRR 26%
  • Equity Multiple 1.9x
  • Hold Period 3Y
  • Minimum Investment $25K
  • Year 1 Cash on Cash 0%
  • Stabilized Cash on Cash 1.2% in Y3
  • First Distribution Sep 2021
  • Distribution Frequency Quarterly
  • Asset Profile Opportunistic
  • Loan-to-Value 80%
  • Current Occupancy 0%

About this Property

Why This Property?

William Andress, Presidium Group: "Presidium at Chase Hill will be developed in the hill country of northwest San Antonio adjacent to the La Cantera Golf Course and Spa. The La Cantera submarket has large-scale retail, office and hospitality, and commands the highest rents outside of downtown San Antonio."



Why Do You Like This Strategy?

William Andress, Presidium Group: "We are building to a basis of $169,211 per unit, while other stabilized properties in the same submarket are trading for $215,000 to $240,000 per unit. These comps provide comfort that the upside in value has already been proven."



How Are You Mitigating Risks?

William Andress, Presidium Group: "The land will be purchased fully entitled. The project will be delivered at a time when supply is expected to drastically slow. A lot of the risk is mitigated by being in the best submarket in San Antonio surrounded by many high paying jobs and a tier 1 university."

About this Property

Why This Property?

William Andress, Presidium Group: "Presidium at Chase Hill will be developed in the hill country of northwest San Antonio adjacent to the La Cantera Golf Course and Spa. The La Cantera submarket has large-scale retail, office and hospitality, and commands the highest rents outside of downtown San Antonio."



Why Do You Like This Strategy?

William Andress, Presidium Group: "We are building to a basis of $169,211 per unit, while other stabilized properties in the same submarket are trading for $215,000 to $240,000 per unit. These comps provide comfort that the upside in value has already been proven."



How Are You Mitigating Risks?

William Andress, Presidium Group: "The land will be purchased fully entitled. The project will be delivered at a time when supply is expected to drastically slow. A lot of the risk is mitigated by being in the best submarket in San Antonio surrounded by many high paying jobs and a tier 1 university."

Offered By

Login or Register to See More Details

Available to Registered Users

  • Get to know the sponsor behind the offering with key information
  • See an overview of their experience and success
  • Understand their investment strategies
  • Easy access to contact the sponsor directly to learn more
Assets Under
Management

Currently
$1.25B 40+ assets
Exited
$852MM 50+ assets
Portfolio LTV
75%  
Historical
Realized Returns

Total IRR
46.7%  
Equity Multiple
3.1x  
Annual Cash
10%  
Years Of
Experience

As Principals
30+ years  
In Business
17 years  
Size
65 Staff * Dedicated investor relations
* All information is reported by Presidium Group as of 8/29/2019.
Assets Under
Management

Currently
$1.25B 40+ assets
Exited
$852MM 50+ assets
Portfolio LTV
75%  
Historical
Returns

Total IRR
46.7%  
Equity Multiple
3.1x  
Annual Cash
10%  
Years Of
Experience

As Principals
30+ years  
In Business
17 years  
Size
65 Staff * Dedicated investor relations
* All information is reported by Presidium Group as of 8/29/2019.

Financials

Login or Register to View Financials

Available to Accredited Investors:

  • Get an overview of important financial details to make a smarter investment
  • Analyze the financial pro forma to see how projected returns are distributed over time
  • Review source and uses and other important details
Offering Financial

Sponsor Diligence Report

Login or Register to View Report

Available to Accredited Investors:

  • View principal experience
  • Review background check results
  • Track record verification
Diligence Preview

Location Details

San Antonio, TX

The property is located in a Class A submarket of northwest San Antonio named La Cantera. The site is nestled in the hill country with unobstructed scenic views of the La Cantera Golf Course. Proximate to the site is high-end retail shopping via the Shops of La Cantera and The Rim, The University of Texas at San Antonio (32,000+ students), headquarters for Valero Energy, Medtronics, USAA.

Documents

Login or Register to View Documents

Available to Accredited Investors:

  • View, download, and print the offering PPM (Private Placement Memorandum)
  • View, download, and print the detailed financial projections
  • Access all of the important documents for this offering in one place
Offering Agreement Documents

Frequently Asked Questions

Below are some of the most frequently asked questions about this offering.

RealCrowd is free for investors. RealCrowd charges a technology access fee to the operating partner for our services. We do not charge investors any upfront fees, ongoing asset management fees or promote/carried interest in the investments.

RealCrowd offerings are open to accredited investors. RealCrowd does not recommend or advise on any offering on our platform. While we have minimum history and experience threshold for sponsors who post on our platform, if you are unable to perform your own due diligence, please consult with an attorney or financial advisor prior to making an investment.

RealCrowd is a marketplace that connects investors with qualified sponsors. We strive for transparency and impartiality. For this reason, we do not participate in any offerings on our site.

Have a Question?

Send Presidium Group and/or RealCrowd a message. If you have a question about this offering ask Presidium Group. If you have a question about the transaction process or other general inquiry, RealCrowd will be happy to help.

Please resolve the captcha and submit.

We'll get back to you soon!

In the meantime, you can create an account to view detailed information about Presidium Chase Hill.

In the meantime, please review the offering documents and financials.

Sign Up for our free 6 week course on the fundamentals of commercial real estate investing.