East Coast buyer snags Austin's Elan EastEast Coast buyer snags Austin's Elan Easthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=18832015-01-28T10:20:00Z2015-01-27T00:00:00Z

AUSTIN - Elan East, a 251-unit apartment complex at 2900 Manor Rd., has been sold.

The Class A community was 95 percent leased at the time of sale. It was built in 2014 and offers one- and two-bedroom units ranging from 505 sf to 1,356 sf.

Elan East is an urban, garden-style community with amenities including include a pool with outdoor lounge area and full kitchen with grilling stations/prep space, a gym, business center and club lounge.

South Carolina-based Greystar and Washington, D.C.-based The Carlyle Group sold Elan East to a Boston-based institutional buyer.

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

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