Stratus Properties Inc Acquires Multifamily Property In Austin For $60M

Stratus Properties Inc, represented by William H. Armstrong III, recently sold a multifamily property located at 7500 W. Slaughter Lane in Austin. The transaction took place on January 12, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $60,000,000
• Units: 240
• Price per Unit: $250,000
• Seller: Stratus Properties Inc - William H. Armstrong III

The property on 7500 W. Slaughter Lane features a total of 240 units with each unit priced at $250,000. The sale price for this multifamily asset was $60,000,000.

Stratus Properties Inc, a reputable real estate company, entrusted the sale to William H. Armstrong III as their representative. The successful transaction showcases the expertise and professionalism of both the seller and the buyer.