San Marcos Place Apartments
Photo courtesy of ACRE Investment Real Estate Services

San Marcos Place Apartments Photo courtesy of ACRE Investment Real Estate Services

 A San Marcos apartment building has been sold for $6.8 million.
San Marcos Place Apartments, 228-232 Las Flores Drive, was acquired by Flores 22, LLC, and TGP Ventures, LLC.
The seller was not disclosed.
Ryan King and Kipp Gstettenbauer of Voit Real Estate Services represented the buyers.
The seller was represented William Anderson and Craig Stewart, principals of ACRE Investment Real Estate Services.
Built in 1979 and renovated in 2018, the project has 22 two-bedroom,  one-bathroom apartments.
Amenities include large balconies, 12-foot sliding glass doors, granite countertops, built-in microwaves, dishwashers, tuck-under parking, and security gated access entry.