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258-unit multifamily pair trades hands 258-unit multifamily pair trades hands https://www.recenter.tamu.edu/news/newstalk-texas/?Item=240092020-03-06T06:00:00Z2020-03-09T16:00:00Z

Rendering of Candela Apartments at 1614 E. 6th St. AUSTIN – Transwestern Development has sold two adjacent apartment communities at 1630 and 1614 E. 6th St.  

The 139-unit Indie Apartments has rents ranging from $1,316 to $2,014 per month.

Monthly rents at the 119-unit Candela Apartments ​range from $2,250 to $2,950.

Both apartments have studio and one- and two-bedroom floor plans. 

Amenities at Candela include a pool, fitness center, conference room, and lounge with a kitchen. ​

PCCP LLC provided a $46 million acquisition loan.  

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