AUSTIN - Lakeshore Pearl, an upscale apartment complex near East Riverside Drive, has been sold to Inland Private Capital Corp.
The 230-unit complex at 2223 Waterloo City Lane was 95 percent occupied at the time of sale. The garden-style multifamily development sits on 6 acres near Lady Bird Lake's south shore and Pleasant Valley Road.
Lakeshore Pearl offers one-, two- and three-bedroom units ranging from 517 sf to 1,480 sf.
Austin-based Cypress Real Estate Advisors and its affiliate Argyle Residential developed Lakeshore Pearl.
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