McALLEN - Boerne-based Calton Investments acquired the 82-unit Paradise Village Apts. at 4210 N Main St. in for $4.3 million, or about $52,000 per unit.
The 75,112-sf property sits on approximately 3.5 acres and consists of ten two-story buildings. The complex is comprised of a mix of one- and two-bedroom units.
The complex was 98 percent leased at the time of sale.
Read more at CoStar Group.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.