Howard Cohen Of Atlantic Pacific Companies Acquires 288-Unit Apartment Complex In Schertz, TX

The property asset involved in the transaction is a multifamily apartment complex comprising 288 units located at 501 Fm 3009 in Schertz, Texas. This property, known as The Palmera, was built in 2008 and offers a range of one- to three-bedroom units. Atlantic Pacific Companies has acquired this asset from an undisclosed seller at an undisclosed price.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Undisclosed
• Units: 288
• Location: 501 Fm 3009, Schertz, TX
• Buyer: Howard Cohen
• Buyer’s Company: Atlantic Pacific Companies

Howard Cohen represents Atlantic Pacific Companies in this acquisition. The new owner plans to invest in upgrades for the apartments, exteriors, and amenity spaces of the complex.