Two Big Austin Real Estate Purchases At Bull Creek

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Two Big Austin Real Estate Purchases At Bull Creek By Kinan Beck

"Austin based Ardent Residential and Atlanta-based Post Properties have purchased almost five acres of land in a highly desirable area for redevelopment. The two companies, working in partnership, bought up Kingswood Apartments and Bull Creek Townhomes. Bull Creek Townhomes at 4320 Bull Creek Road is a 140-unit residential community. Kingswood Apartments is a 32-unit community situated at 4318 Bull Creek Rd. The two buildings were purchased in two separate deals, apparently as part of a plan to scrape and rebuild. The new Alexan City Lights apartment complex, a Class-A complex of homes, has been purchased by Los Angeles-based SCI Real Estate Investments LLC. The building was completed only last year by Trammell Crow Residential and Opus West Corp. According to Travis County tax records, the property at 501 East Stassney Lane has a value of $33 million. At the time of the deal, Alexan City Lights was 96% leased. According to reports, the sale was brokered by Apartment Realty Advisors. Alexan City Lights received a great deal of press last year, when it was built near Congress Avenue in South Austin. This upscale apartment development has many amazing amenities, including remote-controlled limited entry, paved entrance, a coffee bar, a high-tech fitness center that is open 24 hours, a business in conference and center that boasts computers copiers and faxes, a resort style pool, a veranda area, a built in barbecue, and outdoor fireplace, a carport, and an attached parking garage. All common areas of the building include wireless Internet access, and most resident entries have ceramic tile. Most residences include side-by-side refrigerators, built in microwave ovens, gourmet island kitchens, designer cabinets and countertops, faux hardwood floors, vaulted ceilings, crown moldings, large closets, ceiling fans, and large utility rooms. Residence units boast Satina Whirlpool appliances, private patios, linen closets, garden tubs, marble sink vanities, walk-in closets, multiple cable and phone lines, and much more. For truly comfortable urban living, Alexan City Lights certainly delivers with lots of space and a great modern style. The building is comfortable and modern and has all the amenities needed for a modern family or couple. Lease terms for the apartments are a minimum of 12 months. This three-story building has central air-conditioning and is conveniently located close to a number of good schools, including Pleasant Hill Elementary School, Bedichek Middle School, and Crockett High School. Pets are allowed in the building with no damage deposits or fees. SCI Real Estate Investments LLC certainly brought a building with lots of potential and a good location. The low vacancy rate will only help the investors. At
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this time it is unknown whether any major renovations are planned, but it will certainly be interesting to see what long-term plans SCI Real Estate Investments LLC has for Alexan City Lights." Kinan Beck is the Broker and co-owner of One Source Realty in Austin Texas. Visit Kinan's http://www.kinanbeck.com Guide, visit his http://www.ericbramlett.com website.

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Searching For Chandler Real Estate? How About Queen Creek Homes? By Reed Lattin

If you want to buy Chandler real estate, or are looking for the best home for you and your family, you need to know where to look. There are many ways to save money on Chandler real estate and Queen Creek real estate with the state of the current real estate market, the number of homes for sale Queen Creek, and the affordability of Queen Creek homes. You need to first determine which location interests you most, and then narrow down your options based on prices and which homes offer what you need. You can save a lot of money on Chandler real estate by buying a home in a slow market, because sellers are desperate to sell and banks are unloading foreclosed properties for dirt cheap prices. As long as you take the time to research and learn about Chandler real estate, your experience buying it, Queen Creek real estate, and homes for sale Queen Creek can be a simple, affordable process. Queen Creek homes and Chandler real estate are both great investments. You can find homes of every size, shape, and style here, no matter what you’re looking for. If you want new construction, Chandler real estate has it. If you prefer older houses with more charm, Chandler real estate and Queen Creek real estate have those options, as well. If you’re interested more in homes for sale Queen Creek, all you have to do is specify that to your realtor or in your online search, allowing you to find the home of your dreams no matter what you want. Queen Creek homes and Chandler real estate both have plenty to offer, and living in Arizona is a great option for you and your family. Arizona is a great place to call home for many reasons. It doesn’t matter if you’re looking to relocate to a warmer climate, or if you just want to find Queen Creek real estate or Chandler real estate so that you can move within your current area, there’s something for everyone. The weather is beautiful year round, and the dry, arid climate of the desert offers a great place for chronic allergy sufferers. Queen Creek homes and homes for sale Queen Creek will cost around the same as Chandler real estate, depending on what exactly you’re looking for. There is a price range for everyone, but affordability in a buyer’s market is never a problem when it comes to Chandler real estate. Many people are skeptical of buying a home in an economic recession, but as long as you take the time to do the research and know what you’re getting into, Chandler real estate and Queen Creek real estate can be a great purchase at any time of year. Sellers are dying to sell their Queen Creek homes and Chandler real estate, which allows you to find homes for sale Queen Creek and Chandler real estate at prices that you might not have thought possible. So many people have already lost their homes, as well, which leaves room in Chandler real estate for you to purchase foreclosures from banks and lenders at less than half of the home’s actual value, as long as you know how to work such a deal. Being an informed consumer is the key to your success in Chandler real estate. Reed Lattin is a new homes specialist in Phoenix, AZ and the owner of http://www.savebigonnewhomes.com Check out Arizona's most powerful and free new homes search which will save you huge money and time. We save our clients over $27,000 and our service is free. We are members of the BBB 480-227-5214

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