Alexan Springdale, a 251-unit apartment community located on Springdale Road in Austin, has been sold. The property boasts studio, one-, and two-bedroom units that each have an average of 824 square feet. In addition, the complex features a range of amenities such as a pool, fitness center, game room, clubhouse, and outdoor grilling and dining areas. At the time of sale, the property was 94 percent occupied. Newmark represented the seller, Trammell Crow Residential, in the transaction, and Sterling Equities acquired the asset.
Austin’s Skyline Soars: Dive Into Downtown’s 25-Story Transformation and More! 🌆
Discover the transformative construction projects reshaping Austin, from a 25-story downtown skyscraper to a state-of-the-art hospital wing and a high-tech manufacturing plant promising 2,000 local jobs. The Austin Local Team is your go-to for navigating the real estate market, offering personalized agent matching and valuable resources for buyers, sellers, and newcomers. Dive into the full article for a glimpse into Austin's future and expert guidance on making the city your home.