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Timberlane Partners Acquires Maddox Hills Apartment Complex In San Antonio

Property Image
SOLD
Michael Wardlaw
Colin Cannata
Charles Cirar

Texas

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MultiFamily540,000 SF
Sold
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Property Image
SOLD

Timberlane Partners Acquires Maddox Hills Apartment Complex In San Antonio

17927 Overlook Loop

See Similar Deals
MultiFamily540,000 SF
Sold
Michael Wardlaw
Colin Cannata
Charles Cirar
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:540000 SF
Transaction Type:Sale

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.

Players

Michael Wardlaw
CBRE
Michael Wardlaw
3 deals
BROKER
Charles Cirar
Charles Cirar
3 deals
BROKER
Colin Cannata
Colin Cannata
3 deals
BROKER
TP
Timberlane Partners
BUYER
J.P. Morgan Chase
J.P. Morgan Chase
LENDER

Details

SOLD
IMAGE: Dave Enslow, Steve Oden, Charles Cirar, Colin Cannata & Michael Wardlaw DATE: 09/26/2023 ADDRESS: 17927 Overlook Loop MARKET: San Antonio ASSET TYPE: Multifamily ~ UNITS: 322 ~ SF: 540,000 BUYER: Timberlane Partners - Dave Enslow SELLER: OHT Partners (@ohtpartners) - Steve Oden BROKERS: Charles Cirar, Colin Cannata & Michael Wardlaw - CBRE (@cbre) LENDER: JPMorgan Chase (@jpmorgan) NOTE: Timberlane Partners has acquired the Maddox Hills apartment complex on San Antonio's North Side. The 322-unit complex, built in 2021, was most recently assessed at $60 million, marking Timberlane Partners' entry into the Texas market.

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