SAN ANTONIO – Bluerock Real Estate purchased the 320-unit Grand apartment complex for $51 million in the wealthy Dominion neighborhood on the northwest side.
The firm bought the complex, located at 23910 I-10 near Leon Springs, from Embrey Partners, the local development firm that constructed it in 2015.
San Antonio has been seeing an influx of out-of-state buyers acquiring local apartment complexes.
More than 50 complexes have changed hands in Bexar County since the beginning of the year, property records show.
Check out our collection of Multifamily Market Research for San Antonio-New Braunfels.
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