Low Income Housing Tax Credit Apartments in Northeast Austin Under New Ownership

AUSTIN, TEXAS– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a 250-unit Low Income Housing Tax Credit apartment property located at 5800 Techni Center near the intersection of US Highway 183 and East Martin Luther King Jr. Boulevard.

The James-Myers Multifamily Team, investment specialists in Marcus & Millichap’s Austin office, and the Tax Credit Group of Marcus & Millichap, helped facilitate the transaction of the property on behalf of the seller.

fort-branch-at-trumans-landing-LIHTC-apartments-sold-austin

Located in the rejuvenating northeast submarket of Austin and benefiting from multiple major economic development projects, Fort Branch at Truman’s Landing sits in close proximity to the Highland Mall Redevelopment and The Mueller Urban Development Project, approximately 4.2 miles northwest of the property.

Apartments for sale in the Houston MSA in the city of Baytown, Texas

The James-Myers Multifamily Team of Marcus & Millichap has participated in the sale of more than 63 transactions since 2007 totaling over 13,000 units and more than $730 Million in sales across Texas.  Contact us for acquisitions, dispositions, property evaluations or market information for your Texas apartments.

For information regarding this sale, please contact:

Joe James | jjames@marcusmillichap.com | 512-338-7852

Kent Myers | kmyers@marcusmillichap.com | 512-338-7853

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