SOLD
Stan Beraznik Of 29th Street Capital Facilitates Sale Of 288-Unit Renata Apartments In San Antonio
9939 Fredericksburg Road
MultiFamily
Sold 70 days ago
Summary
Sale
TEXAS
MultiFamily
The 288-unit Renata Apartments in San Antonio have been acquired by 29th Street Capital, with the purchase price remaining undisclosed. The property offers a mix of one- and two-bedroom units along with various amenities. Situated at 9939 Fredericksburg Road in Fredericksburg, the multifamily asset was purchased with the assistance of a $20 million Freddie Mac loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Units: 288
- Buyer: Stan Beraznik - 29th Street Capital
- Loan: $20 million Freddie Mac loan
- Address: 9939 Fredericksburg Road
- Market: Fredericksburg
Stan Beraznik, representing 29th Street Capital, led the acquisition of the Renata Apartments in San Antonio. The purchase of this multifamily property marks a strategic investment in the Fredericksburg market, adding to the buyer's real estate portfolio. The transaction reflects 29th Street Capital's ongoing commitment to expanding its presence in the real estate sector.
Details
SOLD
IMAGE: Stan Beraznik
DATE: 02/29/2024
ADDRESS: 9939 Fredericksburg Road
MARKET: Fredericksburg
ASSET TYPE: Multifamily ~ UNITS: 288
BUYER: Stan Beraznik - 29th Street Capital
NOTE: 29th Street Capital acquired the 288-unit Renata Apartments in San Antonio, with the purchase price undisclosed. The buyer secured a $20 million Freddie Mac loan for the acquisition of the property, which offers one- and two-bedroom units and various amenities.View on map
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Address9939 Fredericksburg Road
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