308-Unit City View ‘from above’ Austin acquired
AUSTIN – Cortland Partners has just made its local debut with the acquisition of City View Apartments, a multifamily community located in the Southeast submarket.
With ten apartment communities in the Dallas-Fort Worth area, six in Houston, and three in San Antonio, Cortland Partners had been looking to add Austin to its roster of major Texas markets.
Located at 4900 Oltorf Dr., City View Apartments is in a neighborhood revitalized by young professionals drawn to abundant choices of restaurants, bars, and coffee shops; recreational opportunities offered by Lady Bird Lake and other attractions; and proximity to the city’s downtown.
The 308-unit community offers one-, two- and three-bedroom apartments ranging from 679 sf to 1,386 sf. Rent ranges from $975 to $1,725.
Amenities include carports and detached garages, fireplace and lounge, business center and cafe-style complimentary coffee bar.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.