SAN ANTONIO- Raia Properties of New Jersey hasended its four-year hold of the 271-unit Vista Ridge Apartments,selling the class A complex to a private investor. Though the salesprice was kept under wraps, the Bexar Central AppraisalDistrict assesses the property at close to $31million.

The multifamily property was built in 2007 at 6522 Camp BullisRd., near the high-end Dominion neighborhood. PattonJones and Casey Fry withApartment Realty Advisors represented the sellerin the transaction.

“Vista Ridge was sought after by institutional and privatewealthy investors seeking a core investment opportunity,” Jonessays. “Investors were drawn to the affluent demographics,outstanding product finishes, and the high-end retail andentertainment of the Shops at La Cantera and The Rim.”

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