Investment Sales

MISSION, TEXAS — Northmarq has brokered the sale of Las Misiones Apartments, a 118-unit complex in the Rio Grande Valley city of Mission. McGuire Family Properties purchased the asset from a pair of private investors for an undisclosed price. Zar Haro, Moses Siller, Phil Grafe, Bryan VanCura and Brian Booth of Northmarq brokered the deal. Las Misiones Apartments was built in 2005. The property offers one-, two- and three-bedroom units. Amenities include a pool, fitness center, business center, playground, clubhouse, basketball court and a lounge.

ARLINGTON, TEXAS — Marcus & Millichap has arranged the sale of Brookside, a 288-unit asset in Arlington. Reap Capital acquired the property, which comprises 22 buildings, for an undisclosed price. Marcus & Millichap’s Racht, Nick Fluellen, Bard Hoover and Chris Pearson represented the seller in the deal. Amenities at Brookside include a pool, fitness center and three outdoor grilling stations. Apartments feature stainless-steel appliances, fireplaces, reserved parking, covered parking and walk-in closets.

SAN ANTONIO — The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, has arranged the sale of Lorenzo Apartments in San Antonio. TMG’s Jon Krebbs represented the seller, while Christopher Siemasko procured the buyer. Neither party was disclosed. Lorenzo Apartments was built in 1960. The property comprises 72 units in one- and two-bedroom layouts. Amenities include a laundry facility, bark park and 24-hour courtesy patrol.