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.
Source: San Antonio Business Journal