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Vista Ridge trades in San AntonioVista Ridge trades in San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=66812013-08-02T12:28:00Z2013-08-02T00:00:00Z

SAN ANTONIO - Vista Ridge, a 271-unit community in Northwest San Antonio, has a new owner. Vista Ridge was built in 2007 and is located at 6522 Camp Bullis Rd. Built in 2007, the garden-style complex features one-, two- and three-bedroom units.

The occupancy rate of Vista Ridge at the time of the sale was 95 percent.

The buyer was a private investment firm that paid cash for the asset. The Bexar Central Appraisal District assesses the property at close to $31 million.

The seller was Raia Properties, a N.J.-based national real estate investment, management and development firm.

San Antonio Business Journal
San Antonio-New Braunfels
Multifamily
http://www.bizjournals.com/sanantonio/blog/2013/07/buyer-found-for-vista-ridge-apartments.htmlRead more at {Source}

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