Austin 86-unit Wellington Palms acquiredAustin 86-unit Wellington Palms acquiredhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=110092015-10-30T05:00:00Z2015-10-30T17:00:00Z

​​AUSTIN - Wellington Palms, an 86-unit community located five miles north of downtown Austin, has been sold to GVA.

Constructed in 1969, Wellington Palms is a two-story, garden-style apartment community situated on almost three acres, with a mix of one- and two-bedroom floor plans.

Situated two miles from the new 711-acre Mueller redevelopment project, occupancy at the time of the sale was 100 percent.

The buyer plans to implement a major renovation program to improve all aspects of the property, interior and exterior.

Austin-Round Rock
http://www.globest.com/news/12_1226/austin/multifamily/ARA-Newmark-Brokers-Wellington-Palms-Sale-362938-1.htmlRead more at {Source}

 Search NewsTalk Texas