 |
The View at Encino Commons, San Antonio, TX |
SAN ANTONIO, April 18, 2013 – Institutional Property
Advisors (IPA), a multifamily brokerage division of Marcus & Millichap
serving the needs of institutional and major private investors, has arranged
the sale of The View at Encino Commons, a 324-unit luxury multifamily
community in northern San Antonio.
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| Will Balthrope |
Will
Balthrope, an IPA executive director, and Scott Lamontagne, an IPA
associate director, advised the seller. The buyer is McCann Realty Partners.
“The View
at Encino Commons has many unique features that distinguish it from the nearby
rental competition,” says Balthrope, “including its trademarked ‘big house’
design with large units; private, ground-level entries; no breezeways or
exterior stairways, and 50 percent attached direct-access garages.”
 |
| Scott Lamontagne |
“This distinctive property is in an irreplaceable, highly
visible location in one of the most prolific growth corridors in the city,”
adds Lamontagne.
Built in 2001 on 21 acres, the property is located just
northeast of the U.S. Highway 281 and Evans Road interchange at 21303 Encino
Commons in San Antonio.
The View at Encino Commons’ apartment units feature fully
equipped kitchens with microwave ovens, ceramic tile entries, private patios
or balconies with French doors, bay
windows and fireplaces with stone mantles, nine-foot ceilings with designer
crown molding, computer niche, ceiling fans in all bedrooms, private
first-level entries, and outside storage units.
For a complete copy of the company’s news release, please
contact:
.Ben Johnson
Marketing Director
(925) 953-1736
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