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Cielo

F&B Capital acquired Cielo (fka Audubon Apartments), a 216 unit, garden-style asset located in San Antonio, TX minutes east of the San Antonio International Airport. In addition, Cielo is 5 minutes from the 410 Corridor with some of San Antonio’s largest employers, and Interstate 35 connecting San Antonio to Austin.

The business plan was to cure all deferred capex, in particular roof and siding repairs, rejuvenate property-wide landscaping, paint the building exteriors, and improve the amenity spaces. Interiors upgrades include new vinyl plank flooring, new black appliances, and new lighting and plumbing fixtures.

Before

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After

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