Sold! Austin's 344-unit Mission Hills ApartmentsSold! Austin's 344-unit Mission Hills Apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=127682016-04-07T05:00:00Z2016-04-07T19:45:00Z

AUSTIN - Mission Hills Apartments, located at 2900 Sunridge Drive, has sold. Built in stages in 1999 and 2001, the 344-unit multifamily community was 90 percent leased at the time of closing.

Floor plans include one- and two- bedroom units, with rents ranging from $875 to $1,200.

The property was most recently valued at $19,015,338, about a 70 percent increase since 2011.

The buyers, Origin Investments and F&B Capital, plan to renovate and rebrand the property. 

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2016/04/real-estate-roundup-vulcan-video-gets-new-digs.htmlRead more at the {Source}

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