Bobby Turner Of Turner Impact Capital Acquires 222-Unit Multifamily Asset In Austin

The property asset involved in the transaction is a multifamily community known as Lotus Village, consisting of 222 units situated on 8 acres at 300 Ferguson Drive in Austin. The deal signifies the continued investment in workforce housing within a growing market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 222
• Acres: 8
• Address: 300 Ferguson Drive
• Market: Austin
• Buyer: Bobby Turner - Turner Impact Capital

Bobby Turner represents Turner Impact Capital in this transaction, marking the seventh acquisition by its Multifamily Impact Fund III within a year. The purchase supports the goal of preserving affordable housing in an area having high demand for such properties.