AUSTIN - Falcon Southwest has acquired the 324-unit, Class A Deerfield Apartments complex at 8700 Brodie Lane. The property totals 323,943 sf across 18 garden-style buildings.
The 11-year-old property consists of one-, two- and three-bedroom units, averaging 945 sf.
The multifamily delivered in 2001 is about ten miles southwest of downtown Austin. Falcon bought the 97 percent leased complex from Nevins Adams Lewbel Schell.
Read more at CoStar Group.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.