AUSTIN - The Connor Group of Dayton, Ohio, purchased the 290-unit River Oaks apartment community at 6607 Brodie Ln. for $34.6 million, or about $119,310 per unit.
It totals 265,640 sf and is comprised of 15 multifamily buildings. River Oaks was built in 1997 and encompasses about 40 acres. Invesco Ltd. was the seller.
This is the second largest acquisition in Austin by The Connor Group. The first was Cityview at SoCo, 1007 S. Congress Ave., which it purchased in August.
Read more at CoStar Group.
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