Introduction

1800 Broadway

IPA Texas is pleased to present the exclusive listing of 1800 Broadway, a 230-unit midrise in San Antonio, Texas. The property is prominently located in the Lower Broadway corridor, adjacent to the Pearl district and immediately north of Downtown. San Antonio has experienced 4.4 percent employment growth in the past year, earning the third highest in the United States. There are numerous new office developments and major employers surrounding 1800 Broadway, including Frost Bank, Credit Human, HEB HQ, CPS Energy, and USAA. Additionally, residents are walkable to the historic Pearl district, which features 23 acres of dining, retail, office, and direct access to the San Antonio River Walk.


PROPERTY OVERVIEW
Address1800 Broadway St San Antonio, TX 78215
Year Built2013
Units230 Units
Rentable Square Feet206,389 SF
Average Unit Size897 SF
Site Size3.18 Acres
Density72.4 Units/Acre





Highlights


Investment Highlights

  • 230-Unit, Boutique Midrise with Irreplaceable Location in San Antonio’s Urban Core
  • Adjacent to the Pearl District, the City’s Premier Shopping and Dining Destination
  • Surrounded by New Mixed-Use Developments and Major, High-Income Employers
  • First-Generation Value-Add Opportunity; Current Rents Significantly Below Market

Location

Core San Antonio

The Historic Pearl

Over the course of a century, the Historic Pearl of San Antonio has transformed from a small brewery founded in 1883 to what is now known as the crown jewel of revitalization efforts of Southern Midtown and North of Downtown San Antonio. By 1916, the annual domestic beer production exceeded 110,000 barrels, making it the largest brewery in Texas at that time. Today, the Pearl Brewery’s historic preservation continues to spur growth throughout the City of San Antonio. The Pearl community features over 23 acres of shared open spaces, restaurants, office space, and one-of-a-kind retailers.

Downtown San Antonio

​​​​​​​Downtown is San Antonio’s largest economic driver, attracting both tourists and residents. Downtown features high-profile employers, upscale restaurants, trendy bars, coffee shops, and numerous entertainment venues located along the River Walk. There are over 75,000 jobs in Downtown, establishing the CBD as the largest employment center in the city. Notable employers include CPS Energy Headquarters, H-E-B Headquarters, Ernst & Young, and Frost Bank.

San Antonio River Walk

The San Antonio River Walk consists of three sections: the Downtown Reach, the Museum Reach, and the Mission Reach. It boasts a total distance of 15 miles, five of which winds through the downtown area. Widely regarded as one of the most beautiful places in America, the San Antonio River Walk is the most visited tourist attraction in Texas and features 2.2 million resident visitors per year and 9.3 million nonresident visitors per year. Originally built in 1929, the San Antonio River Walk is deemed exemplary in its engineering and is considered one of the most successful flood management projects in the country.

Property Attributes

Unit Features

9-11 Foot Ceilings
Stainless-Steel Appliances
Granite Countertops
Stained Concrete or Wood-Style
Flooring
Tile Backsplash
Washer/Dryer
Walk-In Closet
Two-Inch Blinds
Pendant Lighting
Courtyard Views*
Balcony/Patio*
Yard*
Pool View*

In Select Units*

Community Amenities

Two Elevators
Resort-Style Pool with Tanning Shelf
Four-Level Parking Garage
Fully Equipped, 24-Hour Gym
Gated Community
Internet Cafe with Wi-Fi
“The Cave” Indoor/Outdoor Social Space
TV Lounge
Clubhouse
Business Center
Outdoor Kitchen
State-of-the-Art Media Center

1800 Broadway, San Antonio, TX 78215

Contact Us

Will Balthrope
Executive Managing Director
Institutional Property Advisors
(210) 343-7827
Drew Garza
Senior Vice President
Institutional Property Advisors
(210) 343-7848
Ben Kalter
Senior Associate
Institutional Property Advisors
(210) 343-7809
Brian Eisendrath
Executive Managing Director
Institutional Property Advisors
(818) 212-2022