Thursday, July 2, 2015
A new 310 unit #apartment community named Legacy Flats is ready to start construction, the San Antonio Business Journal reports.
The $30 million dollar project expects to have rents averaging $1.28 per square feet and is relying on the fact that it will have frontage on Shaenfield Road and secondary access onto Loop 1604 to set it apart from the competition.
The 12.47 acre project will be a garden community with a modern, Hill Country vibe and will have over 265,000 square feet of space that can be leased. Apartments will have amenities including granite counters, stainless steel appliances, wood-style plank flooring, track lighting, walk-in closets, and washer and dryers in some units. The community will have a resident lounge with Wi-Fi, a game room, and a fitness center, as well as 18 garages available for rent and 105 carport spaces.
The project is targeting young professionals who work in the area and want a short commute. Units will range from 1-3 bedrooms and 561 and 1,331 square feet, with a rental range of $825 to $1,600.
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