280 Unit, Class A multifamily investment asset sold in northwest San Antonio
Colliers Houston Multifamily Team has negotiated the sale of a premier multifamily investment asset located at 9835 Fredericksburg Road in San Antonio, Texas.
The 280 unit property was originally built in 2002 and is situated just minutes from Interstate 10 in northwest San Antonio. The apartment complex is located near two of the area's largest employers, The South Texas Medical Center and The USAA National Headquarters Campus.
Chip Nash, Bob Heard and J. Todd Stewart represented the seller, GSSW Dominion LLC (GSSW) in the sale transaction. The buyer was Austin-based GVA Real Estate Group.
“It was an honor to represent GSSW Dominion LLC in this transaction,” says Chip Nash, Senior Vice President with Colliers in Houston. “The San Antonio submarkets have an abundance of high-quality assets and the sale of this apartment complex confirms it’s a great city to invest in.”
This community offered a unique opportunity to own a property in Bexar county of San Antonio in south-central Texas. With a recently renovated pool, 9’ ceilings, European-style cabinetry, private patios and balconies and a gated entry, this community was well received in the market as a top rated offering.