{{titleBar.title}}

{{titleBar.tagline}}

 

 

Crossing the canyon: two West Austin apartment complexes sell Crossing the canyon: two West Austin apartment complexes sell https://www.recenter.tamu.edu/news/newstalk-texas/?Item=128222016-04-19T05:00:00Z2016-04-19T16:00:00Z

​AUSTIN - ALARA Cantebrea Crossing and ALARA Canyon Creek have been sold as a single portfolio

The two Class A multifamily communities feature a total of 732 units.

The portfolio was 95 percent occupied at the time of sale.

The properties are located along N. FM 620 in Austin's Northwest submarket.

The assets' proximity to Lake Travis, good schools and strong employment hubs in the technology, medical and education fields helped drive investor interest for the two properties

American Realty Advisors sold the properties after acquiring them in 2006 and 2007. 

GlobeSt.com
Austin-Round Rock
Multifamily
http://www.globest.com/sites/lisabrown/2016/04/12/location-proves-factor-in-disposition-of-two-property-portfolio/?slreturn=20160312152958Read more at {Source}

 Search NewsTalk Texas