San Antonio: 412-unit Presidio lands new ownerSan Antonio: 412-unit Presidio lands new ownerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=6272015-06-24T06:29:00Z2015-06-24T00:00:00Z

SAN ANTONIO - The 412-unit apartment complex Presidio at the Landmark has been sold to a Texas-based private investor.

It is located at 14200 Vance Jackson Rd. on more than 30 acres.

Developed back in 2008, the building is a step behind some of the newer residential product that has recently been built in the area.

However, considering its position in one of the highest growth areas of San Antonio, the value has likely soared over the past couple of years.

Currently, rents average $1.16 per sf for a 597-sf unit.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2015/06/19/another-apartment-buy-adds-fuel-to-san-antonio.htmlRead more at {Source}

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