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Vantage at Buda Ranch sold for $23 millionVantage at Buda Ranch sold for $23 millionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=78252013-04-01T09:45:00Z2013-04-01T00:00:00Z

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

Austin Business Journal
Austin-Round Rock
Multifamily
http://www.bizjournals.com/austin/blog/real-estate/2013/03/california-reit-buys-buda-apartment.htmlRead more at {Source}

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