- Author: Lantower Residential |
- Category: Press Releases |
- Published On: November 30, 2016
Dallas, Texas, December 1, 2016 – Today Dallas-based Lantower Residential, a national multifamily owner and operator, announced its acquisition of 327 Sunset, a 312-unit mid-rise community in the Alamo Heights submarket of San Antonio, Texas.
Completed in 2015, 327 Sunset offers high-end luxury apartment homes in a location that boasts tremendous and relevant critical mass. Within a half mile of the property, Alamo Quarry Market represents San Antonio’s premier upscale shopping and entertainment with offerings such as Whole Foods, Trader Joes, Ann Taylor, Regal Cinemas, Restoration Hardware and much more. Close proximity to Highway 281 (144,580 vehicles per day) and Loop 410 (200,000 vehicles per day) allows residents to quickly access major employment centers such as downtown San Antonio and Fort Sam Houston. Furthermore, 327 Sunset is zoned for the Alamo Heights ISD, which achieved “A” ratings across the board in 2016.
In addition to an unbeatable location, 327 Sunset offers deluxe one, two and three-bedroom apartment homes, a covered parking deck, and desirable community amenities such as a resort-inspired pool, state-of-the-art fitness center, bicycle storage, game room, outdoor entertainment areas, and a pet park and washing station.
“The acquisition of 327 Sunset Alamo Heights enables Lantower Residential to enter San Antonio in one of the most premier sub-markets with a Class A asset built by a very reputable developer,” said Lantower Residential Chief Operating Officer, Philippe Lapointe.
Lantower Residential is a vertically integrated real estate company specializing in the acquisition, ownership, and asset management of multifamily communities in the U.S.