SAN ANTONIO-MBS Cos. has disposed of two more complexes in Central Texas, selling off the 232-unit Wall Street Apartments in northwest San Antonio and 351-unit Villas of Bristol Heights in northeast Austin. The complexes were sold in off-market transactions to unrelated buyers.

Wall Street Apartments at 11700 Wall St. was picked up by Triumph Land & Capital Management LLC of Dallas, which has set aside $2 million to $2.5 million for upgrades. The buyer also assumed a $15-million loan, which carries a mid-5% fixed-rate interest. The loan is held by PNC Bank, a subsidiary of PNC Financial Services Group Inc., headquartered in Pittsburgh. The new owner has renamed the complex to Providence at Wall Street.

Venterra Realty Management of Webster, TX has bought Villas of Bristol Heights at 12071 Dessau Rd. Patton Jones, managing director with Apartment Realty Advisors’ Austin office, says he couldn’t discuss details of the Villas of Bristol Heights’ sale due to a confidentiality agreement with the buyer. Venterra Realty did not return calls by deadline to comment on the purchase.

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