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LA investor buys 588-unit apartment pairLA investor buys 588-unit apartment pairhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=207582018-08-02T05:00:00Z2018-08-02T20:00:00Z

​​​​​SAN ANTONIO – ​Los Angeles-based ​Gelt Inc​. has purchased a two-property, 588-unit​​​​​​​​​​​​​​​​​​​​​​​​​​ apartment portfolio near the medical center.

​​​​​The two adjacent ​properties are the 280-unit Barcelo at 3501 Pin Oak Dr. and the 300-unit Melia at 3431 Oakdale St. They feature one-, two-, and three-bedroom floorplans averaging 938 sf.

CBRE Group Inc. ​represented​ the seller, California-based Trinity Property Consultants LLC, which owned the properties since 2015.​​​

San Antonio Business Journal
San Antonio-New Braunfels
Multifamily
https://www.bizjournals.com/sanantonio/news/2018/08/02/la-area-investment-company-buys-588-unit-apartment.htmlRead more at {Source}

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