Thursday, January 29, 2015
Legacy Heights Apartments, which are located off of Austin Highway and have 306 apartments, was purchased by Cottonwood Residential of Salt Lake City, the San Antonio Business Journal reports.
The company, from Salt Lake City, did not reveal how much they paid for the complex, but it was last appraised by the Bexar County Appraisal District for $33.9 million.
The community was originally built in 2009 by Embrey Partners. The Class A complex has a game room, fitness center, resort-style swimming pool, dog park and more amenities. Units range from 1-3 bedrooms and the community is 22 acres.
Cottonwood Residential owns four properties in San Antonio and others in Corpus Christi, Houston, El Paso, Frisco, Austin and other Texas communities.
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