AUSTIN - The 208-unit Woodmoor Apartments at 3505 S. Lamar Blvd. has been acquired by Resource Real Estate Opportunity REIT.
Woodmoor consists of 16 two-story buildings and approximately 152,000 of net rentable sf.
Woodmoor is expected to benefit from an extensive value-add strategy that includes deploying new capital to improve the property through enhancements to individual units and common areas, exterior painting and landscaping.
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