Three San Antonio downtown-area apartments change hands; CPS sells a parking lot

Three San Antonio downtown-area apartments change hands; CPS sells a parking lot

Madison Iszler, San Antonio Express-News

Jan 13, 2022


 
Encore SoFlo Credit to William Luther

The Encore SoFlo apartments at 326 S. Flores St. were recently purchased by a company linked to Strategic Property Investment Advisory.

William Luther, San Antonio Express-News staff

“A division of Dallas-based Encore Enterprises last month sold the 339-unit Encore SoFlo complex to a company linked to Dallas-based Strategic Property Investment Advisory, deed records show.

The neighborhood and proximity to H-E-B’s headquarters, the new federal courthouse, the University of Texas at San Antonio’s future School of Data Science and National Security Collaboration Center and San Pedro Creek Culture Park is attractive, said SPI principal Sean Mabarak.

“This acquisition completed our 2021 expansion into the San Antonio market and we are excited to continue that expansion in 2022,” Mabarak said of Encore SoFlo.”

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