Austin apartments Laurel Woods, Hidden Villas snapped upAustin apartments Laurel Woods, Hidden Villas snapped uphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=40052014-06-06T13:19:00Z2014-06-06T00:00:00Z

AUSTIN - Two apartment complexes — Laurel Woods and Hidden Villas — have been purchased by Dallas-based Presidium Group.

Laurel Woods was sold for $13.2 million by Berkshire Income Realty Inc.

The 150-unit Laurel Woods, 8312 Fathom Circle, offers one- and two-bedroom units that range from 677 sf to 980 sf. Rent ranges from $792 to $1,030, which was built in 1984.

Hidden Villas is a 156-unit complex at 7607 Blessing Ave. The community offers one-, two- and three-bedroom units that range from 699 sf to 1,152 sf and from $700 to $900.

Presidium purchased Hidden Villas from Los Angeles-based St. Johns Apartments.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2014/06/real-estate-roundup-dallas-based-investor-snaps-up.htmlRead more at {Source}

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