Court Auction Information:
Date: July 11, 2022
Stanley Mosk Courthouse, 111 N. Hill Street, Los Angeles, CA 90012
The first overbid amount for the Portfolio of 11 Partnership Interests is $2,709,500.00
FPM Palomino LLC is the sole member of FPM Palomino Property Owner LLC. The Interest being sold is 3% LLC interest. The subject site is located on the west side of Vance Jackson Road. It has a physical address of 14111 Vance Jackson Road, San Antonio, Bexar County. The subject improvements include a 484-unit three-story apartment complex completed in two phases (2009 and 2012). There are a total of 21 apartment buildings, which contain a total net rentable area of 439,478 square feet (per the provided rent roll), and gross building area of 444,725 square feet including the clubhouse. There are 6 floorplans consisting of one and two bedroom units.
If interested in more information, print and sign the Non-Disclosure Agreement, email it to Todd Wohl.
- 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