Elco buys two Round Rock, two SA multifamily units

SAN ANTONIO, ROUND ROCK - Elco Landmark Residential has partnered with DeBartolo Development LLC to purchase four garden-style multifamily properties located in San Antonio and Round Rock for a combined purchase price of approximately $44 million.

Collectively, the portfolio consists of 771 units and is 95 percent occupied.

The portfolio includes:

• San Antonio — Landmark at Atrium Commons (formerly Huebner Country) — 8727 Huebner Rd., 256 units constructed in 1983;
• San Antonio — Landmark at Stratton Park (formerly Hampton North) —12324 Starcrest Dr., 127 units constructed in 1985;
• Round Rock — Landmark at Amelia Ridge (formerly The Gables of Round Rock) — 1500 Lawnmont Dr., 188 units constructed in 1985;
• Round Rock — Landmark at Auburn Manor (formerly Vista Ridge) — 1200 South Mays St., 200 units constructed in 1984.

Read more at Business Wire.