SPI Advisory Acquires 264 Units in Austin Area

SPI Advisory Acquires 264 Units in Austin Area

Radu Corfus, Multi-Housing News

May 9th, 2023

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THE BRADFORD

1250 Robert S. Light Blvd., Buda, TX 78610

“SPI Advisory, along with its 1031 partners, has purchased The Bradford, a 264-unit multifamily community in the Buda suburb of Austin, Texas. The asset last traded in 2013, when Steadfast Cos. acquired it as part of a $335.4 million portfolio transaction, according to Yardi Matrix data. The property was formerly named Trails at Buda Ranch.

Completed in 2009, the community incorporates 13 three-story buildings comprising one-, two- and three-bedroom floorplans which range from 597 to 1,150 square feet. Apartments feature in-unit washers and dryers, hardwood flooring and walk-in closets.”

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