A 251-unit apartment complex located at 5521 Springdale Rd. in Austin, TX was recently sold. Alexan Springdale features studio, one, and two-bedroom units that average 824 square feet. Residents of the complex can enjoy a variety of amenities, such as a pool, fitness center, game room, clubhouse, and outdoor grilling and dining areas. At the time of sale, the property was 94 percent occupied. The seller, Trammell Crow Residential, was represented by Newmark in the transaction and Sterling Equities purchased the asset.
