Texas-based private equity firm SPI Advisory, LLC disposes of Oaks on Marketplace
“On May 22nd, 2024, SPI Advisory, LLC (“SPI”), the Dallas & Austin-based multifamily private equity firm, announced the sale of Oaks on Marketplace, a 254-unit, Class A apartment complex constructed in 2017 and located at 20400 Marketplace Avenue in Kyle, TX.
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Residents enjoy direct access to the greater metropolitan area as well as proximity to major employers such as Texas State University, Amazon, FedEx, Lowe’s Distribution, Ascension Seton Hays Hospital, St. David’s Healthcare, and the upcoming Tesla facility in the Kyle/I-35 Logistics Park, four miles away.
“Oaks on Marketplace has been a great performing asset for us the last five years,” said Michael Becker, Principal at SPI Advisory in a statement.”