| Sun sets on another deal: $55M Sunset apartment | Sun sets on another deal: $55M Sunset apartment | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=15389 | 2016-12-07T06:00:00Z | 2016-12-07T23:00:00Z | SAN ANTONIO – The investment market continues to surpass expectations, most recently with the sale of a 312-unit apartment complex—said to command $55 million.  Lantower Residential has closed on the 327 Sunset apartment complex in the Alamo Heights area near the West Sunset Rd. and US Hwy. 281 intersection.
Roughly $55 million was paid for for the complex, which sits on a site a bit more than seven acres.
The property, according to the county, is valued at about $38.47 million, far below what the Dallas firm reportedly paid. | San Antonio Business Journal
| San Antonio-New Braunfels
| Multifamily
| http://www.bizjournals.com/sanantonio/news/2016/12/01/alamo-heights-area-apartment-complex-sells-for.html | | | Want more data? See San Antonio Multifamily Research. | Read more at the {Source} |
