BUDA - The 264-unit Vantage at Buda Ranch complex has been purchased by Steadfast Income REIT Inc. for $23 million or $87,121 per unit. Originally built in 2009 by Vantage Communities, the complex is located at 1250 Robert S. Light.
Units consist of one-, two- and three-bedrooms with size ranging from 597 sf to 1,150 sf. Monthly rent ranges from $800 to $1,284.
Steadfast Income REIT will be renamed the property to the Trails at Buda Ranch.
Source: Vantage Communities
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