SAN ANTONIO – Locally based JMB Group has purchased Presidio Flats, a 130-unit apartment complex at 5347 Blanco Rd.
Built in 1970, the property has one- to four-bedroom units. Rents range from $765 to $1,435 per month.
Amenities include a pool, volleyball court, playground, and laundry facilities.
Newmark Knight Frank represented the seller, Curtis Thigpen of Paravel Capital and Lyndon Management.
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Source: San Antonio Business Journal