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.
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