San Marcos apartment complex McCarty Commons sold

Features of the 249-unit community located near the San Marcos Outlet Malls include a resort-style pool, a volleyball court and a clubhouse. (Courtesy Kalterra Capital Partners)
Features of the 249-unit community located near the San Marcos Outlet Malls include a resort-style pool, a volleyball court and a clubhouse. (Courtesy Kalterra Capital Partners)

Features of the 249-unit community located near the San Marcos Outlet Malls include a resort-style pool, a volleyball court and a clubhouse. (Courtesy Kalterra Capital Partners)

Image description
Features of the 249-unit community located near the San Marcos Outlet Malls include a resort-style pool, a volleyball court and a clubhouse. (Courtesy Kalterra Capital Partners)
Image description
Features of the 249-unit community located near the San Marcos Outlet Malls include a resort-style pool, a volleyball court and a clubhouse. (Courtesy Kalterra Capital Partners)
McCarty Commons, a 249-unit apartment complex at 1476 E. McCarty Lane in San Marcos, was sold for an undisclosed sum, according to a March 29 news release.

Kalterra Capital Partners sold the 224,000-square-foot property to a confidential buyer described as a private family office, a representative said in an email.

“Kalterra is proud to complete the sale of our first multifamily development in San Marcos, Texas,” Kalterra Capital Partners co-founder Clint Nolen said in the release. “McCarty Commons not only represents our purpose to meet the needs of our investors and communities, but it also represents the phenomenal team that worked together to make it one of our many upcoming successes.”

Features of the community include a resort-style pool, a volleyball court and a clubhouse, and the design includes luxurious interior and exterior finishes.

According to the release, Kalterra has multiple multifamily projects slated to break ground in Dallas-Fort Worth and Central Texas this year.


"We strive to develop unique, first-class multifamily communities for the suburban market that yield superior returns," Nolen said. "As job growth and demographics continue to point towards increased renter demand in Texas, we continue to seek opportunities to provide much needed supply of high-quality multifamily housing."
By Warren Brown
Warren joined Community Impact at the beginning of 2020 as the editor of its New Braunfels paper and now reports the news in San Marcos, Buda and Kyle. Warren previously wrote for the Dallas Observer and Fort Worth Weekly and he brings a passion for truth and equality to his reporting.


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