Timberlane Partners Acquires Maddox Hills Apartment Complex In San Antonio

The Maddox Hills apartment complex, located at 17927 Overlook Loop in San Antonio, has been sold in a recent transaction. The multifamily property consists of 322 units and spans a total of 540,000 square feet. The sale took place on September 26, 2023.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not provided
• Address: 17927 Overlook Loop
• Market: San Antonio
• Units: 322
• Square Footage: 540,000

Timberlane Partners, represented by Dave Enslow, acquired the Maddox Hills apartment complex. This acquisition marks Timberlane Partners' entry into the Texas market. The seller, OHT Partners, was represented by Steve Oden. The brokers involved in the deal were Charles Cirar, Colin Cannata, and Michael Wardlaw from CBRE. The lender for this transaction was JPMorgan Chase.