SAN ANTONIO – NRP Group is buying 54 vacant acres from the Brooks Development Authority for apartments and retail shops.
The project will be near the Brooks economic hub at the intersection of Presa St. and Corpus Christi Hwy.
NRP will use 15 acres for a $49 million apartment complex. It's partnering with the San Antonio Housing Trust Finance Corporation on the community. Residents will be limited to those earning between 50 and 60 percent of Bexar County’s median income.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.