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

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.