WACO - Woodhollow Apartments, located at 4502 Lake Shore Dr., has been acquired.
The 220-unit complex sits on 11 acres near Lake Waco and McLennan Community College and offers a mix of one- and two-bedroom units that range in size from 480 to 965 sf.
The apartment community is 96 percent occupied, and its rents range from $590 to more than $815.
The acquiring company, Performance Properties, plans to launch a renovation of the apartment community's interiors, ultimately planning to spend about $800,000 on the upgrades.
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