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Mansfield: Broadstone Ashwood lands $31MMansfield: Broadstone Ashwood lands $31Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=61052013-10-10T06:43:00Z2013-10-08T00:00:00Z

MANSFIELD - Steadfast Income REIT acquired the 336-unit Broadstone Ashwood for $30.9 million.

Located at 1701 Towne Crossing Blvd., Broadstone Ashwood consists of one-, two- and three-bedroom units with average in-place monthly rents of $891. Steadfast is renaming the 96 percent occupied asset to The Landing at Mansfield.

Read more about another property sold in the portfolio — The Heights Apartments in Houston for $37 million.

Source: Commercial Real Estate Direct.com

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