CBRE Brokers Sale Of 194-Unit Multifamily Property Cottages At San Marcos Near Texas State University

The transaction involves the sale of a multifamily asset located at 1415 Craddock Avenue in the San Marcos market. This property consists of 194 units and accommodates 899 beds, specifically designed for student housing. It features extensive amenities suitable for tenants, contributing to its appeal near Texas State University.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 194
• Beds: 899
• Address: 1415 Craddock Avenue
• Market: San Marcos
• Seller: Singapore-based real estate firm
• Buyer: Not disclosed

The brokers involved in this transaction include Casey Schaefer, Jaclyn Fitts, and William Vonderfecht from CBRE, who facilitated the sale of the Cottages at San Marcos. Their representation played a crucial role in concluding the deal on behalf of the parties involved.