The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of Lorenzo Apartments sale in San Antonio.
Jon Krebbs represented the seller, and Christopher Siemasko procured the buyer.
“Despite a challenging market, Lorenzo swiftly sold in 30 days to a local owner/operator. Looking ahead to 2024, we anticipate the Texas multifamily market to be very active,” commented Krebbs.
Lorenzo Apartments comprises 72 units, showcasing one- and two-bedroom options that average 611 sq. ft. per unit. Constructed in 1960, the property has a range of amenities, including an on-site laundry facility, bark park, and 24-hour courtesy patrol. The property is conveniently located 1-mile from I-37, Hwy 281, and the intersection of I-10 and I-35, providing effortless access throughout San Antonio.
The Multifamily Group is a commercial real estate brokerage firm focused exclusively on clients and helping them market, sell and acquire multi-housing assets. Based in Dallas, Texas, investors look to The Multifamily Group for one thing – results.
