108-unit Sierra Royale Apartments trades hands 108-unit Sierra Royale Apartments trades hands https://www.recenter.tamu.edu/news/newstalk-texas/?Item=266312021-10-15T05:00:00Z2021-10-15T16:00:00Z

​​​​LEON VALLEY – Totem Capital Group, 5 Talents Commercial Real Estate, ​and 40 local investors have purchased the 108-unit Sierra Royale Apartments. 

The property at 300 Rue Marie​lyne St. ​has one- and two-bedroom units. Rents range from $830 to $1,450 per month. 

Amenities include a pool, clubhouse, picnic area, and laundry facilities. 

The buyers will invest $1.3 million in renovations. 

NorthMarq represented the seller.​​ Accelerated Commercial Real Estate represented the buyers.

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​Source: ​San Antonio Business Journal

San Antonio Business Journal
San Antonio-New Braunfels
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