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SPI Advisory Acquires 264-Unit Multifamily Property In Buda, Texas

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SOLD

Texas

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MultiFamily
Sold 05/10/2023
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SOLD

SPI Advisory Acquires 264-Unit Multifamily Property In Buda, Texas

1250 Robert S Light Blvd SBuda, TX 78610, USA

See Similar Deals
MultiFamily
Sold 05/10/2023
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The Bradford, a 264-unit apartment community located at 1250 Robert South Light Drive in Buda, a suburb of Austin, has been sold in a recent transaction. SPI Advisory, a Texas-based private equity firm, has acquired the property. The apartment community offers amenities such as a pool, fitness center, and outdoor grilling and dining stations. SPI Advisory plans to implement a light capital improvement program at the property.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: N/A
  • Units: 264
  • Address: 1250 Robert South Light Drive
  • Market: Buda

In this transaction, SPI Advisory acted as the buyer. The brokerage firm representing SPI Advisory in the deal was Patton Jones from Newmark.

Players

Patton Jones
Newmark
Patton Jones
49 deals
BROKER
SPI Advisory
SPI Advisory
BUYER

Details

SOLD
IMAGE: Patton Jones DATE: 05/10/2023 ADDRESS: 1250 Robert South Light Drive MARKET: Buda ASSET TYPE: Multifamily ~ UNITS: 264 BUYER: SPI Advisory (@SPIAdvisory) BROKER: Patton Jones - Newmark (@Newmark) NOTE: SPI Advisory, a Texas-based private equity firm, has purchased The Bradford, a 264-unit apartment community in Buda, a suburb of Austin. The firm plans to implement a light capital improvement program at the property, which offers amenities such as a pool, fitness center, and outdoor grilling and dining stations.

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