AUSTIN - The Establishment, a 139-unit apartment community in the South Congress submarket, has been acquired by Arc Capital Partners. The company partnered with Cardinal Group Investments (CGI) to acquire the property located at 3501 South 1st St.
The apartment property offers efficient one- and two-bedroom floor plans. Community amenities include a swimming pool and communal courtyards.
CGI will rebrand the property under its multifamily platform Mint Urban that brings contemporary, chic living experiences to urban areas across the United States.
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