Northmarq’s San Antonio office announces sale of Val Verde Apartments

Val Verde Apts
Investment Sales - Multifamily
Multi-Tenant
Multifamily
Sale
Other
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SAN ANTONIO, TEXAS (June 14, 2023) — Moses Siller, Zar Haro, Bryan VanCura, Phil Grafe and Brian Booth of Northmarq’s San Antonio office arranged the sale of Val Verde Apartments in Schertz, Texas. The 68-unit multifamily property was built in 1973 and is located at 1401 Schertz Parkway.

Northmarq represented the seller, a Texas-based owner-operator. “The property was very well received by the market due to its incredible location near major employers and the assumable debt,” said VanCura. “Both of these created a great opportunity for a new buyer and a win for the seller.”

Val Verde Apartments is conveniently located near shopping and leisure, and just a short walk to the Schertz Dog Park and Johnie McDow Sports Complex. Residents enjoy sidewalk-lined streets and a quiet neighborhood. The property is just five minutes from Interstate 35 and ten minutes from Loop 1604, providing residents with direct access to both San Antonio and New Braunfels.

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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
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