BROWNWOOD – The Magnolia on 4th LLC has purchased Southside Village Apartments, a 104-unit multifamily asset at 2801 4th St.
Renamed Magnolia on 4th, the 12-building, garden-style property was built in 1973.
Amenities include a playground, basketball court, and dog park.
Colliers Mortgage originated acquisition financing through a partnership with Old Capital Lending.
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Source: REBusiness Online