JLL Closes Sale of Class B Community in The Alamo
- Jan 30, 2018
JLL Capital Markets has arranged the sale of Hamilton Place on behalf of Vergara Properties One. JMB Group acquired the Class B asset, located in north-central San Antonio.
The five-building, 77-unit community is spread across 2 acres at 1622 and 1650 Jackson Keller Road, near North Star Mall and Alamo Quarry. Major thoroughfares, including interstates 410 and 10, as well as U.S. Route 287, facilitate access to and from the property.
The unit mix consists of studios and one- to three-bedroom floorplans ranging from 525 to 1,365 square feet. Common-area amenities at the controlled-access community include a swimming pool, laundry facilities and 88 parking spaces.
“The San Antonio market is experiencing tremendous growth, creating great value-add opportunities for investors like Hamilton Place,” said Senior Vice President Moses Siller, the JLL representative who led the team closing the deal, in a prepared statement.
Image courtesy of JLL