{{titleBar.title}}

{{titleBar.tagline}}

 

 

Sun sets on another deal: $55M Sunset apartmentSun sets on another deal: $55M Sunset apartmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=153892016-12-07T06:00:00Z2016-12-07T23:00:00Z

​​​​​​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}

 Search NewsTalk Texas