Ilyayev LLC Purchases 108-Unit Multifamily Property In San Antonio For $7.46M With Basis Multifamily Finance

The sale involved a 108-unit multifamily asset located at 6300 Rue Marie Lyne Street in San Antonio, covering an area of 5.71 acres. This property was built in 1984 and has a total square footage of 121,296. The asset was sold to Ilyayev LLC, which secured financing for the transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 108
• Acres: 5.71
• Buyer: Ilyayev LLC
• Seller: 6300 Rue Marielyne Property Owner LLC
• Market: San Antonio
• Brokers: Benjamin Kalter, Drew Garza & Will Balthrope - Institutional Property Advisors - Marcus & Millichap
• Lender: Basis Multifamily Finance

Marcus & Millichap facilitated the sale of the Alto, marking a significant transaction in the multifamily sector for the area. The property achieved the highest per-unit price for any multifamily asset from the 1980s sold in San Antonio during the year 2025, and the buyer intends to perform light renovations on the property.