For Sale I Value-Add Opportunity I Falcon Ridge North & South

179 units next to Joint Base San Antonio-Randolph Air Force Base

Investment Overview

Colliers is pleased to present Falcon Ridge North & South, a 179-unit value-add multifamily investment opportunity comprised of two, well-maintained properties located in Universal City, Texas. Given Falcon Ridge’s strong performance and fundamentals, and its strategic location, this asset is ideally positioned as a value enhancement opportunity that could allow a new owner to increase effective rental rates and realize greater potential returns for years to come.

The properties feature a mix of modern comfort and classic charm, with units designed for both style and functionality, and are located in Universal City, a highly desirable suburb northeast of San Antonio. The communities feature beautiful landscaping, sparkling swimming pools and ample parking, providing an ideal living environment for residents. Its prime location offers easy access to major highways, shopping, dining, and entertainment, making it a perfect choice for those seeking convenience and quality living in Universal City.

Location Highlights

Military & Defense Presence I Universal City is adjacent to Randolph Air Force Base, a major employer that drives consistent rental demand from military personnel and civilian employees.

Expanding Workforce I Universal City and the surrounding Schertz/Cibolo/New Braunfels corridor are among the fastest-growing areas in Texas.

Diverse Employment Base I Jobs in healthcare, education, military, and manugacturing fuel demand for rental housing.

Retail & Amenities I With major retail centers, parks, and schools, Universal City offers suburban convenience with proximity to a major metro area.