First Capital Advisors Acquires MultiFamily Property On Huebner Rd In San Antonio

The Joseph at Huebner is a 192-unit garden-style multifamily community located at 11660 Huebner Road in North Central San Antonio. Originally built in 1983, the property offers a mix of one- and two-bedroom units with an average size of 846 square feet. The community features amenities like a pool, gazebo with outdoor grilling station, fitness center, controlled access, and a dog washing station. The seller invested over $1.8 million in exterior and common area improvements along with partial interior upgrades.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not Disclosed
• Buyer: First Capital Advisors
• Seller: Wildhorn Capital
• Seller's Rep: Matt Michelson (Newmark), Patton Jones (Newmark)

Matt Michelson and Patton Jones of Newmark represented the sellers in the transaction. The deal involved a strategic partnership between RSN Property Group and Wildhorn Capital, both known as boutique multifamily investors and operators. The acquisition of The Joseph at Huebner underscores First Capital Advisors' focus on value-add multifamily opportunities in San Antonio.