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River Rock Capital picks up 240 apartment units

​SAN ANTONIO – New York-based River Rock Capital has purchased Viva Max, a 240-unit garden-style community at 3631 Callaghan Rd. ​

Built in 1983, the property is composed of one- and two-bedroom units averaging 733 sf.

Amenities include a pool, clubhouse, picnic area, playground, and package handling services.

The property was 98 percent occupied at time of sale.

River Rock will implement a value-add program. Newmark brokered the deal.

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