Content: A significant transaction has happened in Austin’s real estate market as the captivating Cielo at Azulyk complex changes hands. This 32-unit apartment block, nestled captivatingly at 8624-8625 Fireside Drive, is now owned by Mosch Capital, a real estate behemoth based in California.
The Cielo at Azulyk was previously owned by the Atlanta-based Zavala Capital Group. However, they recently sold the prime property, marking a significant moment in the local real estate landscape.
What’s intriguing about Cielo at Azulyk? The property is an impressive collection of four two-story buildings sitting majestically on 2.5 acres of land right in the heart of Austin. It’s a residential haven, offering a selection of one- and two-bedroom units to cater to different residents’ needs.
In this elaborate transaction, Northmarq, a national commercial real estate capital company, played a critical role. They expertly represented both the buyer and the seller, ensuring a smooth and successful transaction.
This sale is indicative of Austin’s robust and attractive real estate market, drawing out-of-state investors to explore its residential segment. For the full story, follow this link: [Original Article](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=30162)