New buyer eager to help keep Austin weird—and affordableNew buyer eager to help keep Austin weird—and affordablehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=148782016-10-17T05:00:00Z2016-10-17T17:20:00Z

AUSTIN - The former Berkshire SoCo, the now Davis at SoCo, an apartment and retail project on South Congress Avenue near SH 71, has been acquired. 

There are plans to add nearly $7 million in upgrades immediately and more as it updates all 375 units.

The Davis at SoCo was 96 percent occupancy at the time of closing. 

At the moment, rents average $1.56 per sf.

Some 65 percent are one-bedroom units with the rest two-bedroom units.​​

Austin Business Journal
Austin-Round Rock

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