Northmarq’s San Antonio office brokers sale of Stratford Place in Victoria, Texas

SAN ANTONIO, TEXAS (August 16, 2022) – Moses Siller, Zar Haro, Phillip Grafe, and Bryan VanCura of Northmarq’s San Antonio investment sales office, secured the sale of Stratford Place. The 110-unit multifamily property (built in 1980) is located at 3207 East Airline Road in Victoria, Texas. Northmarq represented the seller, 3CM Multifamily, in the sale.

“The seller was a repeat client who trusted Northmarq to execute on a quick and efficient result. The buyer recognized Stratford’s potential and moved at the opportunity to continue to scale their portfolio on a deal with tremendous upside in the growing coastal Victoria market,” said Siller. 

Consisting of 10 buildings, Stratford Place is a 2-story apartment community situated in Victoria, Texas. The property is in a prime location, within minutes of the Victoria highway system which connects to Houston, San Antonio, Austin, Corpus Christi. Community members of Stratford Place are offered large spacious units and affordable living. The Victoria Mall is within five miles of the property, presenting a plethora of shopping and dining opportunities. Also offering easy connectivity to the surrounding schools and major employers.