SAN ANTONIO – Atlanta-based real estate developer The RADCO Cos. has acquired the 153,370-sf Mesa Ridge from Bluerock Real Estate.
Mesa Ridge is a 200-unit multifamily complex completed in 1984 on a 7.9-acre site minutes from the headquarters campus of financial services company USAA, the South Texas Medical Center campus and I-10 at 4900 USAA Blvd.
The community is comprised of one- and two-bedroom units—averaging 736 sf—in 13 garden-style buildings.
RADCO has disclosed plans to spend more than $2.9 million on capital improvements to Mesa Ridge, including a rebranding of the community to City Crest.
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