SAN ANTONIO – Clarion Partners LLC has acquired Magnolia Heights, a 150-unit luxury apartment community at 5500 Broadway St.
The property has studio, one-, two-, and three-bedroom units. Rents range from $1,399 to $3,395 per month.
Amenities include a pool, clubhouse, fitness center, and park. The community also has two ground-floor retail tenants: Pure Barre and Westlake Dermatology.
Newmark Group Inc. represented the seller, Cypress Real Estate Advisors.
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