SAN ANTONIO – California-based Investors Management Group has purchased Azul Apartments, a 246-unit community at 6674 Prue Rd.
Built in 2007, the property has one-, two- and three-bedroom floor plans averaging 868 sf.
Amenities include a pool with a lounge and game areas, fitness center, outdoor grilling stations and picnic areas, basketball court, and business center.
Berkadia originated Freddie Mac acquisition financing on behalf of the new ownership, which will invest more than $1 million in capital improvements.
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