San Antonio: The Heights at Midcrown sold near Rackspace

SAN ANTONIO – The Heights at Midcrown, a 208-unit apartment complex located at 8000 Midcrown in Northeast San Antonio has been sold. The PPA Group was the buyer.

The community offers one-, two- and three-bedroom units that range in size from 612 sf to 1,094 sf and in price from $525 to $810.

PPA plans to renovate some of the units in The Heights and add some new community perks. The Heights is located near one of the city’s most prominent employers — Rackspace Hosting.

The Northeast Side submarket is familiar territory for PPA. In April, the firm announced plans to build a new complex called The Lookout at Comanche Hill.

PPA is also part of the team behind a new multifamily community known as the Aviator at Brooks City Base.