San Antonio Niche Apartments Sold to California Company

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Hamilton Zanze Real Estate Investments originally purchased the 150-unit garden-style Niche Apartments community in 2016, and the sale closed on April 5, 2022.

Courtesy of Hamilton Zanze

A Northside apartment complex that was built in 2000 is now under new ownership after being sold by a San Francisco-based company. Hamilton Zanze sold the 150 Niche apartments at 33 Lynn Batts in the Oakwell Farms neighborhood on April 5, according to a news release.

The company purchased the apartments in 2016 and updated 54 of the units with new stainless steel appliances, quartz countertops and new light fixtures. The Niche Apartments feature one, two, and three-bedroom units averaging 955 square feet with a resort-style pool and spa, dog park, fitness center, barbecue areas and picnic and nature trails.

The property includes 150 one-, two-, and three-bedroom units averaging 955 square feet and a fitness center.

The property includes 150 one-, two-, and three-bedroom units averaging 955 square feet and a fitness center.

Courtesy of Hamilton Zanze

Hamilton Zanze did not disclose the sale price or which company purchased the apartments in the press release. MySA has contacted Hamilton Zanze for comment.

However, Bexar County records show the Niche Apartments deed was transferred in April to a company called Niche Apartments LLC, which shares a mailing address with a California-based real estate investment firm, DiNapoli Capital Partners. . The company owns and manages apartments, hotels and residences for the elderly.


A trust deed filed in April says Niche Apartments LLC borrowed about $20 million from East West Bank. That doesn’t mean Niche Apartments LLC paid $20 million for the property. The Niche apartments were last appraised at around $18 million, according to Bexar County records.




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