Winwood Club
Winwood Club is an 81-unit multifamily community located in the scenic Texas Hill Country within the Kerrville area of the San Antonio submarket. Operating at 97% occupancy with continued rent growth and minimal new supply, the property is well positioned for stable performance and long-term value creation.
The community sits within walking distance of H-E-B Grocery, the Wells Fargo office tower, and thousands of hospital and medical service jobs, providing consistent demand from a strong employment base. Residents enjoy a resort-style two-level pool, lounge, and covered barbecue area, while units feature 9-foot ceilings, balconies, fireplaces, and washer/dryer connections. Recent capital improvements — including new roofs, boiler systems, and a water softener — reduce near-term risk, while planned interior upgrades and premium furnished units are designed to serve the growing medical community.
The investment is supported by fixed-rate agency financing with 36 months of interest-only payments and a 7-year term. A 7.31% going-in cap rate and 5.57% interest rate create positive leverage, supporting strong projected cash flow and long-term returns.
