Hamilton Zanze Sells San Antonio Community

Niche Apartments. Image courtesy of Hamilton Zanze DiNapoli Capital Partners has acquired Niche Apartments, a…

Niche Apartments. Image courtesy of Hamilton Zanze

DiNapoli Capital Partners has acquired Niche Apartments, a 150-unit garden-style community in San Antonio. East West Bank provided the buyer with $20.1 million in acquisition financing, according to Yardi Matrix data. Hamilton Zanze sold the property, previously bought in 2016 for $15.4 million, the same data provider shows.

Completed in 2000, the property spans 5.5 acres and comprises one-, two- and three-bedroom apartments, ranging from 690 to 1,390 square feet with in-unit washers and dryers. Common-area amenities include a swimming pool, a spa, a fitness center, a dog park and barbeque areas. During its ownership, Hamilton Zanze upgraded some of these features, as well as the interiors of 54 units.


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Located at 33 Lynn Batts Lane, the community is within 1 mile of several retail options, such as a Walmart Supercenter, H-E-B and Walgreens. Interstate 410 is less than 2 miles north of Niche Apartments, connecting it to Interstate 35 and downtown San Antonio. Oakwell TrailHead Park is 2 miles away. 

Hamilton Zanze’s portfolio currently holds more than 20,600 units across the U.S., Yardi Matrix data shows. In November, the company sold another San Antonio community, the 352-unit Salado Springs Apartments, after a series of enhancements and renovations.

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