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Austin's Promontory Point(s) to apartment saleAustin's Promontory Point(s) to apartment salehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=18682015-01-28T08:36:00Z2015-01-28T00:00:00Z

AUSTIN - The 228-unit Promontory Point Apartments at 2250 Ridgepoint Dr. has been sold inĀ Austin's Northeast submarket.

The garden-style apartment complex was constructed in 1983 and renovated in 2007. It consists of 48 studios, 120 one-bedroom units and 60 two-bedroom units.

The property received capital improvements in 2012 with major investments in exterior painting and modifications in the drainage and erosion system.

San Francisco-based Hamilton Zanze & Co. purchased the property from China-based Standard Portfolios Asset Management Co.

CoStar Group
Austin-Round Rock
Multifamily
http://www.costar.com/News/Article/Hamilton-Zanze-Acquires-Promontory-Point-Apts-in-Austin/168063Read more at {Source}

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