San Antonio Commercial Advisors (SACA), independently owned and operated, is pleased to announce the sale of The Montage at North Point and City Heights Apartments, located at 3601 Magic Drive and 9400 Fredericksburg Road, respectively.
The Montage at North Point is a 208 unit property built in 1982 with significant exterior and amenity upgrades completed in 2015. The property sits on 7.04 acres with 12 two and three story buildings. The Montage at North Point has a gorgeous swimming pool, shaded picnic space, a sports court, dog park and other community amenities for the residents.
City Heights is a 272 unit property built in 1972 with significant exterior and amenity upgrades completed in 2015. The property sits on 9.95 acres with 35 two-story buildings. City Heights has two gorgeous swimming pools, a modern fitness center, a heavy timber cabana and many other community amenities for the residents.
The properties are located near the South Texas Medical Center, the hub of healthcare for 28 counties in South and Central Texas.
SACA’s Scott Weems arranged the transaction on behalf of the seller.