AUSTIN – Alexan Springdale, a 251-unit apartment community at 5521 Springdale Rd., has sold.
The complex features studio, one-, and two-bedroom units that have an average of 824 sf.
Amenities include a pool, fitness center, game room, clubhouse, and outdoor grilling and dining areas.
The property was 94 percent occupied at the time of sale.
Newmark represented the seller, Trammell Crow Residential, in the transaction. Sterling Equities purchased the asset.