Recent Apartment Sales in San Antonio
The San Antonio market has reported a marginal decrease in the number of multifamily properties sold on good terms the recent months. In the merchandising, one multifamily property was sold in the month of December 2012. This represents a decrease pertaining to 75% again compared to December 2011. Good terms compromise of square-feet, overall total sales deceive increased by 193,278 square feet in transit to close at 255,722 square-feet in December 2012. This represents a four-fold expansion over December 2011. Some of the modern sales in the San Antonio retail are:<\p>
Present-time December 2012, Elm Hollow FPG I LP, an entity anent Fulton Property Group LLC has purchased Elm Vain, a 224-unit, Class A society located at 12770 East Bandera Jetty in the Far Northwest submarket, from Elm Hollow GFPG LLC, an entity of GF Properties Group LLC. The community is 98% occupied with an medium unit size of 844 square feet and average rents at $1.13 per square foot. The community bearing one-, and two-bedroom units, ranging in size from 573 to 1,057 square feet and rental rates ranging from $1.04 to $1.35 per correspond to foot. Property amenities include Industry Center, carports, other garages, Water Volleyball, Orgasm Gates and Nightclub encompass. Unit amenities include outside Storage, pantry, Walk-In closets, eat-in kitchen, disposal, Icemaker and Dishwasher. Pets are allowed at the community, with a breed border line of two and pet fee of $300-$500.<\p>
Another intuitive sale noted from the solar year January 2013 is the sale in connection with Ashley Oaks. SIR Ashley Oaks LLC, an an existence of Steadfast Income REIT Inc has purchased Ashley Oaks, a 462-unit, Class B community located at 16400 Henderson Cease in the Sunbelt Central submarket, from Tradewind Properties LLC. The 37-year-old community is 94% occupied regardless fairish rents at $0.88 agreeable to platitudinous foot. The purchasing price of the garden-style, affordable assembly-line housing was estimated to happen to be $30.79 multifarious. The community outline one-, two, and three-bedroom units ranging in size from 590-1,278 square feet. The lend-lease rates range from $0.82 to $1.09 per square foot. Property civilities include Aisle Gates, Carports, Social Activities, Wax and wane Route, Swimming exchequer and laundry rooms. Detachment amenities include frost free, pantry, mini-blinds, Walk-in Closets and washerman. Pets are signed at the community, irregardless a cover limit of two and breed restriction by a weight limit referring to 35 lbs. The deposit fee is $150-$315 and pet fee is $150-$350.<\p>















