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229-unit apartment complex trades hands near SA River Walk

​​​Street view of colorful apartment building SAN ANTONIO – Ascentris has sold Southtown Flats, a 229-unit apartment community at 111 Probandt St.

Built in 2016, the property has studio, one-, and two-bedroom units. Rent ranges from $1,206 to $2,691 per month.

Amenities include a pool, fitness center, business center, cybercafe, game areas, and package lockers.

Newmark brokered the sale and arranged acquisition financing on behalf of the buyer, SPI Advisory. ​

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