The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of the B-Class Stepping Stone Apartments sale in San Antonio. Paul Yazbeck represented the seller, a trusted local owner with 14 years of ownership, and Greg Miller procured the buyer.
Miller commented: “We generated a high level of interest for this property throughout the
marketing process and received 21 offers. Ultimately, we selected a local syndicator with
demonstrated success in the San Antonio market, who will add value to the property through economies of scale and interior renovations.”
Stepping Stone Apartments, constructed in 1985, is equipped with a host of amenities, including a laundry facility, swimming pool, playground, and picnic/grilling areas. The property is private and gated, and is not pet-friendly. Every unit has a private balcony with some utilities including high-speed internet are included with rent. Situated at 7737 Skolout Street, the property boasts 80 units, offering a variety of one- and two-bedroom options, each averaging 550 to 850 square feet.
Its prime location near Highway 90 and the Loop-410 Interchange adds to its appeal. About 13 miles southwest of downtown, San Antonio’s Lackland Terrace neighborhood features a ton of nearby amenities. Lackland Terrace Park on Westshire Drive gives locals a chance to wind down by exercising and enjoying the great outdoors. With a top-notch skate park, sports facilities, playground, and picnic area, this park is a gem for locals and their children. Locals enjoy numerous dining options close to their homes including a variety of excellent Tex-Mex and Thai restaurants. Shopping opportunities include the Alamo Marketplace on US Highway 90.
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.
