Local Syndicator Acquires Stepping Stone Apartments In San Antonio Multifamily Deal

The B-Class Stepping Stone Apartments, located at 7737 Skolout Street in San Antonio, were sold in a recent transaction. Constructed in 1985, the property features 80 units with amenities such as a pool, playground, and private balconies. It is conveniently positioned near Highway 90 and the Loop-410 Interchange in the Lackland Terrace neighborhood.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not provided
• Address: 7737 Skolout Street, San Antonio
• Market: San Antonio

Greg Miller and Paul Yazbeck from The Multifamily Group played pivotal roles in the sale process. Paul Yazbeck represented the seller, while Greg Miller facilitated the buyer's acquisition, chosen from a pool of 21 offers. The buyer is a local syndicator renowned for their success in the San Antonio market. They have ambitious plans to improve the property through operational efficiencies and interior upgrades.