Austin Solano and Capella sold for $38MAustin Solano and Capella sold for $38Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=62352013-09-25T12:02:00Z2013-09-25T00:00:00Z

AUSTIN - The Solano Apartment Homes and the Capella Apartment Homes were purchased by Avesta Communities for $38 million. The properties were 91 percent occupied at the time of sale.

The 318,408-sf Solano Apartment Homes, located at 8800 N. I-35, consists of 504 rental units.

The 204,114-sf Capella Apartment Homes, located at 8900 N I-35, contains 336 units.

The complexes are both located in the North submarket and the units are split between one- and two-bedroom units, as well as efficiencies.

Read more at CoStar Group.

CoStar Group
Austin-Round Rock
http://www.costar.com/news/article/avesta-communities-acquires-pair-of-austin-apartment-complexes/152640Read more at {Source}

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