SAN ANTONIO – Southerland Communities has closed on 190 acres for its Canyons at Scenic Loop community.
The developer finalized the sale Dec. 30 for a tract northwest of the Dominion. The seller, McAlister Opportunity Fund 2014 LP, was represented by McAlister Invest Real Estate.
The land will be an addition to the current 240-acre community, which offers homesites starting at $200,000 and touts average home values ranging between $750,000 and $1 million.
Roughly 150 to 200 homes will fit on the 190-acre site.
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