Dun-Bar East

Dun‑Bar East is one of the closest housing assets to the upcoming $7-billion Skybox Data Center. Located just 10 minutes from the development site near the Red Creek Substation, the property sits in an undersupplied submarket poised for significant long-term appreciation. With the San Angelo City Council’s rezoning approval in January 2026, the project has taken the next steps towards a multi-phase, 7-year build-out projected to begin in late 2026. As a result, the property is positioned to capture a decade of sustained demand, initially from thousands of construction professionals, and long-term from a high-income tenant base of tech staff with salaries ranging from $84,000 to $126,000.With decades of family ownership and significant under‑utilization, Dun‑Bar East offers a compelling opportunity for a buyer to capture value by filling vacancies and operating the north half of the block as a standalone asset. The property totals 76 units, consisting of five apartment buildings (44 units) and one motel building (32 units), along with a common laundry room and a former bar structure currently used as storage. Despite being in decent condition, the apartments remain largely vacant as the owners have prioritized their restaurant and motel operations on the south half of the block, creating meaningful upside for a new operator to establish an independent complex on the north half of the block.