AUSTIN - Balcones Club, a 312-unit apartment complex in Northwest Austin has been sold.
The property is located at 9218 Balcones Club Dr., adjacent to the Balcones Country Club and near Spicewood Springs Rd. and US 183.
The complex offers one- and two-bedroom units that range in size from 464 sf to 1,150 sf.
Its 2016 appraised value is $30.6 million, according to the Travis Central Appraisal District.
Presidium Group LLC acquired the property from M & A Texas Balcones Ltd and is planning to make interior and exterior renovations.
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