Avocet Apartments


Property Overview

Constructed in 2017, Avocet Apartments is a Class A multifamily apartment project located in San Antonio, Texas. This 336-unit property offers exceptional one-, two-, and three-bedroom floorplans, spacious living areas, wood-style flooring, nine-foot ceilings, and generous storage space. Residents can enjoy beautiful views of the pool, courtyard, or Hill Country.


The property includes a unique mix of outdoor and indoor amenities, including a resort-style pool, poolside firepit area, resident green space with BBQ grills, walking/biking trails, an outdoor screened-in patio entertainment area, and a fenced-in bark park.
San Antonio, Texas
Property Type
Luxury Suburban, Garden Style Apartments
Project Type
Year Built
# of Units
Development Period
33 Months

Project Outcome

The Avocet Apartments was a successful new development project that StoneRiver executed from site identification through disposition. This asset is located in the highly desirable and affluent neighborhood of Alamo Ranch in San Antonio. The delivered product was a best-in-class development project that achieved a phenomenal lease-up. The property was sold simultaneously to stabilization in 2018. An attractive IRR and equity multiple were delivered to its investors. The lease-up took off after StoneRiver Property Management took over onsite management from a national operator.