Montrose Place Apartments

Opportunity Overview

• Gomel Capital Partners (“Gomel” or the “Sponsor”) is under contract to purchase Dunes Apartments and the Montrose Place Apartments (the “Portfolio” or the ”Properties”) located in San Antonio, TX and is comprised of 192 units and 118,225 square feet, with an average unit size of 616 square feet.
• The transaction was procured off-market through deep local expertise and breadth of relationships.
• The Portfolio presents investors with the opportunity to obtain a high yield at low leverage of 66.8%.
• The Portfolio is currently self-managed by the Seller and underperforming the market

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