Updated Mar 11, 2026
Howard Cohen Of Atlantic Pacific Cos Acquires 314-Unit Multifamily Community In San Antonio
12235 Vance Jackson Road
Units
314
Asset Type
MultiFamily
Closing
Mar 10, 2026
About this deal
AI
The Reserve at Canyon Creek is a multifamily property located at 12235 Vance Jackson Road in San Antonio, Texas. This apartment community consists of 314 units and is positioned within a growing market, suggesting robust housing demand in the area.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Date of Sale: 03/10/2026
- Buyer: Howard Cohen
- Buyer Company: Atlantic Pacific Cos
- Market: San Antonio
An affiliate of Atlantic Pacific Cos. acquired the property, with plans for a multimillion-dollar renovation program to enhance unit interiors, amenity spaces, and the building's exterior. The seller's identity was not disclosed in the transaction.
On the Map
MultiFamily
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San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93