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Austin's 101-Unit Terrain “lands” saleAustin's 101-Unit Terrain “lands” salehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=5112015-07-01T06:51:00Z2015-07-01T08:00:00Z

AUSTIN - Terrain, a 101-unit apartment community in the South Austin submarket, has been sold at 5112 South 1st St.

The property has one- and two-bedroom units ranging from 504 to 850 sf. Rents range from $975 to $1,295.

Terrain is situated along Williamson Creek, near the intersection of West Stassney Lane, approximately four miles southwest of downtown Austin.

Renovated in 2013, the 95 percent-leased asset also provides nearby access to St. Edward’s University and South Austin’s recreational/entertainment amenities, as well as major thoroughfares such as I-35, Hwy. 71 and Mopac Expressway (Loop 1).

HFF marketed the asset on behalf of FBZ Williamson Creek.

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GlobeSt.com
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http://www.globest.com/news/12_1143/austin/multifamily/HFF-Closes-MF-Sale-in-South-Austin-359324-1.htmlRead more at {Source}

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