Northmarq arranges $21.5 million sale of 131-unit multifamily property in San Antonio, Texas
SAN ANTONIO, TEXAS (March 1, 2022) – Zar Haro, managing director Northmarq’s San Antonio-based regional office, completed the $21.5 million sale of MedWest at Medical Center. The 131-unit newly-constructed luxury market-rate multifamily property (built in 2021) is located at 7202 Snowden Road in San Antonio, Texas.
Situated in South Texas Medical Center, the property offers residents top-shelf amenities in an urban-style setting with close proximity to numerous dining, retail and entertainment options catering to the medical community. Commuters to other nearby medical facilities, including Christus Santa Rosa Hospital – Medical Center, University Hospital, and UT Health San Antonio School of Nursing, benefit from easy access to Hwy 410 and I-10. Residents also have five parks within 5.7 miles of the property, including: Leon Vista Park and Greenway, Garza Park and Cathedral Rock Nature Park.
Community amenities include: Package service, laundry facilities, controlled access, property manager on site, renters insurance program, online services, planned social activities, public transportation, elevator, business center, clubhouse, lounge, storage space, fitness center, pool, gated, grill, and picnic area. Apartment amenities include: High-speed internet access, Wi-Fi, in-unit washer/dryer, washer/dryer hook-up, air conditioning, heating, ceiling fans, cable ready, storage units, tub/shower, and sprinkler system.
Meet our team
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.
