BSR REIT Acquires Multifamily Property In Round Rock For $93.8M

BSR REIT, represented by John S. Bailey, has acquired a multifamily property in Round Rock. The property, located at 3600 N A.W. Grimes Blvd, was sold by Trinsic Residential Group, represented by Steve Reynolds. The transaction took place on September 24, 2021.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $93,800,000
• Units: 356
• Price Per Unit (PPU): $263,483
• Market: Round Rock

The sale of the multifamily property at 3600 N A.W. Grimes Blvd in Round Rock marks an important transaction in the real estate market. BSR REIT, represented by John S. Bailey, acquired the property from Trinsic Residential Group, represented by Steve Reynolds. The sale price for the property was $93,800,000, with a total of 356 units. The price per unit (PPU) for this transaction was approximately $263,483. This deal highlights the ongoing activity and investment potential in the Round Rock market.