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Austin's 300-unit Bluffs at Townlake draws Calif. buyerAustin's 300-unit Bluffs at Townlake draws Calif. buyerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=17232015-02-18T07:37:00Z2015-02-17T00:00:00Z

AUSTIN - The 300-unit Bluffs at Townlake at 2005 Willow Creek Dr. has been sold.

Built in 1974, Bluffs at Townlake is a garden-style apartment community that includes efficiency, one- and two-bedroom units.

Amenities include a sand volleyball court, indoor basketball court, a health and fitness center, a dog park and an urban oasis pool. The property is also within walking distance of Lady Bird Lake as well as the Roy Butler hike and bike trail. Occupancy was 97 percent at the time of sale.

California-based The Lighthouse Group sold the property to Thrive FP, an Austin-based real estate investment firm.

Texas Real Estate Business
Austin-Round Rock
Multifamily
http://rebusinessonline.com/ara-arranges-sale-of-300-unit-apartment-complex-in-austin/Read more at {Source}

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