Northmarq’s San Antonio office brokers sale of Bella Rose Luxury Apartments in Mission, Texas
SAN ANTONIO, TEXAS (August 11, 2022) – Zar Haro, Moses Siller, Phillip Grafe, and Bryan VanCura of Northmarq’s San Antonio investment sales office, secured the sale of Bella Rose Luxury Apartments. The 84-unit/2-story multifamily property (built in 2008) is located at 816 Travis Street, Mission, Texas. Northmarq’s San Antonio office represented the seller, Allen Group Ventures, in the transaction.
“The seller who developed Bella Rose, delivered a high-quality product offering best in-class finish outs in the market area. This presented the buyer, AZTEX RE Investments LLC, a unique opportunity to acquire Bella Rose and combine it with its neighboring 80-unit property they purchased earlier that year. The combination of the two properties presented an opportunity for the buyer to scale the asset while providing uniformity and elimination of competition between the two originally individual properties,” said Haro
Bella Rose is located near multiple retail shops, the areas growing medical center, and expanding education system, as well as providing commuters immediate access to I-2 to allow great access to the surrounding major employers. Community amenities include: Fitness center, swimming pool, gated access, on site maintenance, emergency maintenance, high-speed internet access and on site management. Apartment amenities include: Best in class renovated interiors, granite counter tops, tile back splash, stainless steel appliances, ceramic tile flooring, ceiling fans, balcony, dishwasher, oversized closets, washer/dryer in unit, cable ready, with internet included.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
