August 21, 2017
California-based DWOLV LLC sold the 202-unit Parker Apartments in San Antonio to a private multifamily investor in Round Rock, TX. Scott LaMontagne, Moses Siller and Zar Haro with JLL brokered the transaction. The sales price on the Class C apartment complex was not disclosed. The property was assessed at $7.3 million.
Parker Apartments is at 6600 Fairdale Dr. in northeast San Antonio, near Interstate 35 and Loop 410. The property has a swimming pool, dog park, two on-site laundry facilities and a business center.
“The Parker is a tremendous value-add asset for the investor,” LaMontagne said. “Strong economic fundamentals and significant growth in San Antonio provide great upside for the property with the right strategic additions.”
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