Connell Canyon Ridge Sells The Estates at Canyon Ridge in San Antonio

The Estates at Canyon Ridge in the Stone Oak master-planned community in North Central San Antonio has changed owners. The seller was New Jersey-based Connell Canyon Ridge, LLC, represented in the transaction by CBRE Capital Markets. California-based FSC Realty purchased the multifamily asset; details about the sale are undisclosed.

The Estates at Canyon Ridge in the Stone Oak master-planned community in North Central San Antonio has changed owners. The seller was New Jersey-based Connell Canyon Ridge LLC, represented in the transaction by CBRE Capital Markets. California-based FSC Realty purchased the multifamily asset; details about the sale are undisclosed.

The luxury multifamily community at 20614 Stone Oak Parkway was developed in 2007. It offers 270 condominium-style apartment homes divided into 27 buildings spread on approximately 20 acres. The units feature an award-winning Big House® design by Humphreys & Partners Architects, private ground-level entries, direct-access garages, and no breezeways or exterior staircases. Moreover, the larger units offer on average 1,200 square feet, and half of all apartments have two-car garages. Other amenities include granite kitchens, desks and bathroom countertops; a multi-level, resort-style swimming pool; and a service business center with cyber café.

“The Estates at Canyon Ridge is a unique property, with very large units and 100 percent direct-access garages. These are true differentiators compared to other new construction projects and will attract discerning renters for years to come,” said Ryan Epstein, CBRE executive vice president.

The community has convenient access to Loop 1604 and Highway 281. Employers in the area include Stone Oak Medical Center, the Clear Channel Communications corporate campus, Valero Energy Corp.’s world headquarters and NuStar Energy.