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AUSTIN - The Arbor at Tallwood, a 120-unit multifamily property, has been sold. Built in 1972, the apartment community is located at 8810 Tallwood Dr. The garden-style community offers one-, two- and three-bedroom apartments, a swimming pool and a dog park.

Rents on the units range from $803 to $1,425 per month. The complex, which was 96 percent occupied at the time of the sale, is in close proximity to retail outlets such as the Arboretum and the Domain.

Read more at Texas Real Estate Business.