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.
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