Palomino Apartments – FPM PALOMINO LLC, a Delaware LLC (31.80% TIC Interest)

SAN ANTONIO, BEXAR COUNTY, TX 78256

About The Listing
2018 Gross Income: $5,947,859
2017 Gross Income: $5,864,536
2016 Gross Income: $5,861,732
Interest being Sold: 3%
Investment Highlights

Court Auction Information:
Date: July 11, 2022  |  Time: 8:30am
Dept: 11

Stanley Mosk Courthouse
111 N. Hill Street
Los Angeles, CA 90012

The first overbid amount for the Portfolio of 11 Partnership Interests is $2,709,500

  • Market Value Information to be Provided
  • The Seller is The Joseph Mascolo Trust of 1997
  • Located in San Antonio, Bexar County, Texas
  • Property Totals 484-Unit, Three-Story Complex
  • 6 Floorplans Consisting of One and Two Bedroom Units
  • Gross Building Area 444,725 Sq Ft
  • Year Built 2009 & 2012
  • Total Net Rentable Area of 439,478 Sq Ft
  • Land Size of 31.2083 Acres (1,359,432 Sq Ft)
  • Improvements Situated on 34,412 Sq Ft Site
Gross Income
Property Photos
Offer Price for Portfolio of 11 Partnership Interests:

$2,709,500

SOLD
Offers Made:
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