AUSTIN - The Bristol Square apartments at 2336 Douglas St. in Southeast Austin has been purchased by Investcorp. The company bought the 336-unit community as part of a $100 million portfolio acquisition.
The entire transaction consists of five complexes, totaling 1,900 units in the metropolitan areas of Austin, Dallas and Houston. The complexes were 91 percent occupied at the time of closing.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.