A new private market multi-family real estate investment opportunity is being made available to prospective investors entailing a multi-family apartment community in the metropolitan statistical area (MSA) of Austin, Texas.
302 North is located in one of the country’s fastest-growing counties, Williamson, with the population growing by 44.1% between 2010 and 2020 according to data obtained by the U.S. Census Bureau. The apartment community has a total of 176 units and was acquired at an advantageous acquisition cost.
The property is being purchased for $25,250,000, a figure that is 33% below the appraised value in 2022 of $37.2 million. Over the ...
Full story available on Benzinga.com
Continue reading...
302 North is located in one of the country’s fastest-growing counties, Williamson, with the population growing by 44.1% between 2010 and 2020 according to data obtained by the U.S. Census Bureau. The apartment community has a total of 176 units and was acquired at an advantageous acquisition cost.
The property is being purchased for $25,250,000, a figure that is 33% below the appraised value in 2022 of $37.2 million. Over the ...
Full story available on Benzinga.com
Continue reading...