CIM Group sells 215-unit District at SoCo apartment community in Austin

CIM Group announced the sale of District at SoCo, a 215-unit apartment community with 328-space parking garage in Austin, which it acquired in 2013.

Built in 2012, District at SoCo is in the heart of the South Congress district. The contemporary apartment community offers studio, one- and two-bedroom floor plans providing a stylish living environment with modern kitchens and bathrooms, in-unit washer and dryer and outdoor patios and balconies.

District at SoCo is designed with four-story buildings around two outdoor community gathering areas. Outdoor amenities include a courtyard with games and a firepit, an outdoor kitchen, grilling stations and picnic areas, a resort-style swimming pool and a dog park. Residents also have access to a Club Room, a full-service business center and a 24-hour fitness facility.

The apartment community provides residents access to Austin’s active business hubs, parks and recreation options, and educational insti