AUSTIN - U.S. Real Estate Investment Fund LLC in Boston purchased Burnet Flats, a 179-unit apartment project at 5453 Burnet Rd.
The Travis Central Appraisal District most recently valued the property, which was delivered last year, at $29.9 million.
Burnet Flats includes 2,853 sf of retail space in a robust area of Burnet Rd. that has attracted numerous local eateries such as Lucy's Fried Chicken and Peached Tortilla.
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