LEON VALLEY – Totem Capital Group, 5 Talents Commercial Real Estate, and 40 local investors have purchased the 108-unit Sierra Royale Apartments.
The property at 300 Rue Marielyne St. has one- and two-bedroom units. Rents range from $830 to $1,450 per month.
Amenities include a pool, clubhouse, picnic area, and laundry facilities.
The buyers will invest $1.3 million in renovations.
NorthMarq represented the seller. Accelerated Commercial Real Estate represented the buyers.
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Source: San Antonio Business Journal