200-Unit Reserve in Alamo Heights Changes Hands

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SAN ANTONIO - An out-of-state investor has acquired the 200-unit Reserve in Alamo Heights from JPMCC 2006-LDP9 Alamo Heights LLC of Miami Beach, Fla.

Mike Miller, Chris Ross and Will Caruth in the San Antonio office of Hendricks & Partners represented the seller. The complex, located at 8446 Country Village St., is close to the junction of Loop 410 and McAllister freeways.

The mix contains 33 one-bedroom, 119 two-bedroom and 48 three-bedroom units in floor plans of 650, 850 and 1,000 square feet. Internet research shows monthly rents are $545, $645 and $745.


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