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Jevan Capital Acquires Keystone at Alamo Heights

SCI Sells 224-Unit Multifamily Complex in San Antonio
February 1, 2018
Jevan Capital, a Phoenix-based property investment firm, acquired the 224-unit Keystone at Alamo Heights, an apartment community in San Antonio, TX, from SCI Real Estate Investments LLC for an undisclosed price.

The 211,336-square-foot apartment community features a mix of one-, two- and three-bedroom floorplans, spanning across 21 buildings. Community amenities include a business center, clubhouse, fitness center, laundry facilities, on-site maintenance, playground, a pool with a sundeck and additional storage.

Keystone at Alamo Heights delivered in 1994 at 384 Treeline Park, located nearby the San Antonio International Airport

At the time of the sale, the asset was 80 percent occupied.

Ryan Epstein of Berkadia brokered the transaction on behalf of the seller.

Please see CoStar COMPS #4097846 for more information on this transaction.
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