Dome Equities Acquires Universal City, Texas Apartments
Dome Equities, LLC today announced the acquisition of Sunrise Canyon.
Sunrise Canyon (the “Property”) is a 208-unit, Class A- apartment community located in the Northeast San Antonio suburb of Universal City. The Property was built in 2005 and is a gated community with 208 apartment homes positioned on well trafficked Universal City Boulevard. Residents are minutes from both Loop 1604 and IH-35, the master-planned retail center, The Forum at Olympia Parkway, and a two-mile drive from Randolph Air Force Base. Residents of Sunrise Canyon benefit from a diverse range of area employment sectors including medical, service, and military. Randolph Air Force Base totals over 11,000 employees and provides Air Force pilot and navigator training. The base houses several headquarters including Air Education & Training Command (AETC), Air Force Personnel Center (AFPC), and Air Force Headquarters Recruiting Services. San Antonio is home to one of the largest military concentrations in the United States with defense industry employment totaling over 77,000 personnel.
Dome’s apartment portfolio of 29 properties totals nearly $1.3 Billion.