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San Antonio: 150-unit Ashler Oaks branches out to new ownerSan Antonio: 150-unit Ashler Oaks branches out to new ownerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=107142015-10-06T05:00:00Z2015-10-06T15:00:00Z

​SAN ANTONIO - California-based Omninet Capital has sold the 150-unit Ashler Oaks to San Antonio-based Michael & Laura Gasparrelli Group LLC.

Ashler Oaks, a garden-style apartment complex spanning 6.65 acres, was built in 1997 and is currently 90 percent occupied.

Near the Medical Center at 4100 Parkdale Dr., the buyer purchased it as a value-add opportunity and secured a $7.8 million mortgage from RAIT Financial.
San Antonio Business Journal
San Antonio-New Braunfels
Multifamily
http://www.bizjournals.com/sanantonio/news/2015/10/02/transaction-action-whataburger-and-cst-continuing.htmlRead more at the {Source}

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