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Two Big Austin Real Estate Purchases At Bull Creek
Austin based Ardent million. At the time of the deal,
Residential and Alexan City Lights was 96%
Atlanta-based Post leased. According to reports, the
Properties have purchased almost sale was brokered by Apartment
five acres of land in a highly Realty Advisors.
desirable area for redevelopment.
The two companies, working in Alexan City Lights received a
partnership, bought up Kingswood great deal of press last year,
Apartments and Bull Creek when it was built near Congress
Townhomes. Bull Creek Townhomes Avenue in South Austin. This
at 4320 Bull Creek Road is a upscale apartment development has
140-unit residential community. many amazing amenities, including
Kingswood Apartments is a 32-unit remote-controlled limited entry,
community situated at 4318 Bull paved entrance, a coffee bar, a
Creek Rd. The two buildings were high-tech fitness center that is
purchased in two separate deals, open 24 hours, a business in
apparently as part of a plan to conference and center that boasts
scrape and rebuild. computers copiers and faxes, a
resort style pool, a veranda
The new Alexan City Lights area, a built in barbecue, and
apartment complex, a Class-A outdoor fireplace, a carport, and
complex of homes, has been an attached parking garage. All
purchased by Los Angeles-based common areas of the building
SCI Real Estate Investments LLC. include wireless Internet access,
The building was completed only and most resident entries have
last year by Trammell Crow ceramic tile. Most residences
Residential and Opus West Corp. include side-by-side
According to Travis County tax refrigerators, built in microwave
records, the property at 501 East ovens, gourmet island kitchens,
Stassney Lane has a value of $33 designer cabinets and
countertops, faux hardwood Estate Investments LLC certainly
floors, vaulted ceilings, crown brought a building with lots of
moldings, large closets, ceiling potential and a good location.
fans, and large utility rooms. The low vacancy rate will only
Residence units boast Satina help the investors. At this time
Whirlpool appliances, private it is unknown whether any major
patios, linen closets, garden renovations are planned, but it
tubs, marble sink vanities, will certainly be interesting to
walk-in closets, multiple cable see what long-term plans SCI Real
and phone lines, and much more. Estate Investments LLC has for
For truly comfortable urban Alexan City Lights."
living, Alexan City Lights
certainly delivers with lots of
space and a great modern style.
The building is comfortable and modern and has all the amenities type="text/javascript">
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