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Hamilton Zanze Trades Apartments in North Central Austin
San Francisco-based real estate investment firm Hamilton Zanze sold Bradford Pointe Apartments in North Central Austin for an undisclosed sum. The transaction marks the company’s seventh sale in Austin since 2014.
“Austin continues to gain momentum from the number of tech companies establishing headquarters in the metro,” said Anthony Ly, director of dispositions at Hamilton Zanze. “The sale of Bradford Pointe capitalized on this continued momentum. We are delighted with how smooth this transaction played out and the great outcome for our investors.”
The firm purchased the garden-style property in 2015. During its ownership, Hamilton Zanze performed upgrades to improve leasing efforts and increase rental rates. At the time of sale, Bradford Pointe was 95% occupied.
Bradford Pointe was built in 1984 and is located at 11701 Metric Blvd. The property comprises 264 one- and two-bedroom units averaging 638 square feet.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

