Helu Capital Acquires a 54-unit multifamily Dwelling, Magnolia Flats, in San Antonio, Tx
Aug 27, 2021
San Antonio, TX | Helu Capital has recently acquired the 54-unit apartment complex, Magnolia Flats, located in the Balcones Heights area of San Antonio, Texas.
San Antonio, TX - Helu Capital has recently acquired the 54-unit apartment complex, Magnolia Flats, located in the Balcones Heights area of San Antonio, Texas. This multifamily community boasts a swimming pool, dog park, and playground. Its Romeo and Juliet balconies and great location represent a wealth of potential that Helu will only unearth with their planned improvements.
Plans for a complex-wide overhaul are already underway, as Helu works to match Magnolia Flats’ living accommodations with the surrounding community amenities. They’re working to renovate the interiors of each apartment, including flooring, kitchen, and more, to provide each homeowner with a more comfortable living experience. They’ll also renovate the exterior, updating and refreshing the exterior for a more pleasant feel.
Helu’s Residential Management will also be taking over day-to-day operations to provide present and future residents with a better experience and quicker response to needs and requests.
The Chief Operating Officer and co-owner of Helu, Taylor Basset, said of this acquisition and renovation:
“San Antonio is a blooming, bustling city. We not only want to do our part in upgrading its residential areas, but also take part in the overwhelming progress and growth it’s currently experiencing. The acquisition and renovation of Magnolia Flats is exciting, and will be something that we, our investors, and the community will benefit greatly from.”
Helu Capital continues to make vast improvements with residential areas all over Texas, and other parts of the west. They represent a company whose concern for community improvement is mirrored in their conscientious actions and planning.