- For Sale Contact for pricing
- Property Type Other
- Property Size 98,533 SF
- Lot Size 4.59 SF
- Date Updated Mar 9, 2025
179 units next to Joint Base San Antonio-Randolph Air Force Base
Investment Overview
Colliers is pleased to present Falcon Ridge North & South, a 179-unit value-add multifamily investment opportunity comprised of two, well-maintained properties located in Universal City, Texas. Given Falcon Ridge’s strong performance and fundamentals, and its strategic location, this asset is ideally positioned as a value enhancement opportunity that could allow a new owner to increase effective rental rates and realize greater potential returns for years to come.
The properties feature a mix of modern comfort and classic charm, with units designed for both style and functionality, and are located in Universal City, a highly desirable suburb northeast of San Antonio. The communities feature beautiful landscaping, sparkling swimming pools and ample parking, providing an ideal living environment for residents. Its prime location offers easy access to major highways, shopping, dining, and entertainment, making it a perfect choice for those seeking convenience and quality living in Universal City.
Location Highlights
Military & Defense Presence I Universal City is adjacent to Randolph Air Force Base, a major employer that drives consistent rental demand from military personnel and civilian employees.
Expanding Workforce I Universal City and the surrounding Schertz/Cibolo/New Braunfels corridor are among the fastest-growing areas in Texas.
Diverse Employment Base I Jobs in healthcare, education, military, and manugacturing fuel demand for rental housing.
Retail & Amenities I With major retail centers, parks, and schools, Universal City offers suburban convenience with proximity to a major metro area.
Reach out to the broker for more info on lease terms and amenities
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Contacts



Location
Getting Around
-
Walk Score ®
59/100 Somewhat Walkable
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Bike Score ®
63/100 Bikeable
- City San Antonio, TX
- Zip Code 78210
- Market San Antonio
Points of Interest
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Wonderland Express Train Station
6.44 miles
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Longhorn and Western Train Platform
9.05 miles
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Circle K
1.29 miles
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Exxon
1.42 miles
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Walmart
1.47 miles
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Murphy Express
1.61 miles
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H-E-B Fuel
1.73 miles
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Valero
1.73 miles
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Chevron
1.82 miles
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Murphy USA
2.05 miles
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Tesla Supercharger
3.65 miles
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Car Pool Parking
1.37 miles
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Lot 4
2.14 miles
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Lot 5
2.28 miles
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Lot 1
2.33 miles
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Lot 3
2.34 miles
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Lot 6
2.39 miles
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Lot 2
2.39 miles
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Lot 7
2.42 miles
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paddock
8.97 miles
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Vistor parking
9.57 miles
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Super 8 by Wyndham Universal City
2.29 miles
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Holiday Inn Express & Suites Selma
2.87 miles
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Comfort Inn & Suites Selma Near Randolph Afb
2.95 miles
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Hilton Garden Inn San Antonio-Live Oak Conference Center
3.05 miles
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Hampton Inn & Suites
3.28 miles
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Staybridge Suites
3.33 miles
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WoodSpring Suites San Antonio I-35 North
3.36 miles
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Candlewood Suites
3.49 miles
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Best Western
3.70 miles
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La Quinta Inn San Antonio I-35 N at Toepperwein
3.73 miles
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Thai O'Cha
0.12 miles
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Bill Miller Bar-B-Q
0.24 miles
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Rapid Fire Pizza
0.29 miles
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KFC
0.29 miles
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Arby's
0.59 miles
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Whataburger
0.82 miles
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Melanie's
0.92 miles
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Parr O' Club
0.99 miles
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Sonic
1.05 miles
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Rocket's Feed
1.08 miles
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Northview School
0.59 miles
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Rose Garden Elementary School
0.62 miles
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Allison L. Steele Enhanced Learning Center
0.65 miles
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Disciplinary Alternative Education Program (DAEP)
0.75 miles
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Northview Early Childhood Center
0.83 miles
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Schertz Elementary School
1.21 miles
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Randolph Field Independent School District
1.37 miles
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Samuel Clemens High School
1.60 miles
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William Malish Administrative Center
1.77 miles
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SCUCISD District Offices
1.79 miles
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Children's Lighthouse
1.78 miles
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Kindercare Learning Centers
3.40 miles
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La Petite Academy
4.64 miles
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Childtime Learning Centers
5.81 miles
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John Calvin Presbyterian Church Preschool
6.28 miles
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Children's World Learning Center
6.45 miles
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Faith Temple Church of God in Christ Day Care Center
6.72 miles
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Future Mogals Learning Center
6.84 miles
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Ninas Daycare and Learning Center
6.94 miles
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Madison Hills Baptist Church Day Care Center
6.96 miles
Frequently Asked Questions
The sale price for For Sale I Value-Add Opportunity I Falcon Ridge North & South is available upon request. Contact the listing broker for more information.
For Sale I Value-Add Opportunity I Falcon Ridge North & South totals 98,533 square feet.
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