Maddox Hills sold to Washington state investorsMaddox Hills sold to Washington state investorshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=299502023-09-27T05:00:00Z2023-09-28T20:00:00Z

SAN ANTONIO – Maddox Hills apartment complex, located at 17927 Overlook Loop, has been sold to Washington-based real estate investor Timberlane Partners, marking the firm's first purchase in Texas.

The firm recently took out a $42.6 million loan from JPMorgan Chase, though sales price was not disclosed.

The 322-unit, 540,000-sf complex was built in 2021 and most recently assessed at $60 million. The property has one-, two-, and three-bedroom floor plans as well as townhome-style units.

CBRE marketed the property for the previous owner, OHT Partners.​

San Antonio Business Journal
San Antonio-New Braunfels
https://www.bizjournals.com/sanantonio/news/2023/09/26/washington-apartment-buyer.htmlRead more at {Source}

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