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339-unit multifamily community trades hands in downtown SA

​​​SAN ANTONIO – SPI Advisory LLC has purchased Encore SoFlo, a 339-unit apartment community at 326 S. Flores St.

Built in 2018, the property has one- and two-bedroom units. Rents range from $1,229 to $3,302 per month. 

Amenities include​ a pool, roof terrace, fitness center, clubhouse, business center, and pet play area. 

Newmark represented the seller, Encore Enterprises Inc. 

The property was 92 percent occupied at the time of sale. 

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