REIT pays $30M for 216-unit Ashley OaksREIT pays $30M for 216-unit Ashley Oakshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=88362012-12-05T14:03:00Z2012-12-05T09:00:00Z

SAN ANTONIO - The 216-unit Ashley Oaks apartments, 16400 Henderson Pass, has sold for $30.79 million.

The complex was built out in two phases — with the first 216 units entering the market in 1985 and another 246 added in 1995.

Steadfast Income REIT Inc. invested roughly $68 million on its latest round of buys — which includes one community each in Roselle and Palatine, Ill.; and the one community in North Central San Antonio.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/blog/2012/12/california-investment-firm-acquires.htmlRead more at {Source}

 Search NewsTalk Texas