AUSTIN – TruAmerica Multifamily has purchased a 230-unit, Class B apartment complex at 2302 E. William Cannon Dr.
Built in 2001, Canon Oaks has two-, three-, and four-bedroom units averaging 1,000 sf.
Amenities include a pool, fitness center, clubhouse, basketball court, and children’s play area.
The seller was a partnership between Old Three Hundred Capital and Arrowmark Partners.
TruAmerica will renovate unit interiors units via a multimillion-dollar capital improvement program.
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