Two real estate companies have teamed up to buy a San Jose apartment complex for more than $90 million — although the purchase price is well below the property’s assessed value.

Ethos Real Estate, whose expertise is the creation of affordable housing; and Prospect Ridge, a real estate investment firm, have joined forces through an affiliate to buy Linq, a 230-unit multifamily residential property at 1700 Newbury Park Dr. near the Berryessa BART station in northeast San Jose.

The Prospect Park and Ethos Real Estate affiliate paid $97.6 million for the Linq residential hub, according to documents filed on Sept. 3 with the Santa Clara County Recorder’s Office.

The apartment complex is relatively new. Core Cos. and Republic Urban Properties completed development of the residential hub in 20

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