SAN ANTONIO – New York-based River Rock Capital has purchased Alamo Park, a 309-unit multifamily complex at 2355 Austin Hwy.
The community comprises one- and two-bedroom units averaging 658 sf. Amenities include a pool, fitness center, volleyball court, and outdoor grilling areas.
The complex was 94 percent occupied at the time of sale.
Newmark represented the seller, Austin-based Achieve Investment Group.