New Pearl apartments going for $13,000 a month

San Antonio is now home to some new luxury digs that will have you digging deep to lease. At 10 stories high, behind Hotel Emma is the Pearl's latest gem.

SAN ANTONIO - Are you willing to pay $13,000 dollars a month for an apartment?
 
San Antonio is now home to some new luxury digs that will have you digging deep to lease. At 10 stories high, behind Hotel Emma is the Pearl's latest gem.
 
The Cellars Apartments feature arched ceilings, marble white bathrooms,  jumbo walk in closets and spacious balconies with views of the river.
 
But they don't come cheap. The price-tag on this one bedroom apartment we took a tour of is $2,900 a month.
And that's not expensive compared to the largest unit.  
 
"It's 3,986 square feet and leases for $13,975," Sally Marquez said.
 
More than 13 thousand dollars? It's a whole new ball game for San Antonio's luxury market. The kind of leases you'd typically see in city's like San Francisco.
 
According to rentjungle.com the average rent in San Antonio for a one bedroom is $882 whereas in San Francisco a one bedroom is $3703 !!!
 
Marquez said you do get a lot for your buck at the Cellars, with a 24 hour concierge and valet service. And a spa just steps away. Not to mention all the Pearl's restaurants within walking distance.
 
There are 122 apartments and Marquez said people are snatching them up. That's proof San Antonio is ready to step up their luxury living game.
 
"Right now we are occupied 22 percent," Marquez said.
 

© 2017 KENS-TV


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