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.