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Sign in Sign up for a FREE subscriptionTranswestern Investment Group sells 336-unit multifamily asset in Round Rock, Texas
Transwestern Investment Group, on behalf of Transwestern Strategic Partners Fund II, announced the sale of The Warner, a 336-unit multifamily community at 2670 S. AW Grimes Blvd. in Round Rock, Texas. The seven-building property was 96.1 percent occupied and 97.5 percent leased at the time of the sale.
Built in 2022, The Warner features outdoor spaces, including poolside cabanas, a tanning deck and an outdoor dining area. The community also has air-conditioned corridors, elevator access, courtyards with game lawns, outdoor kitchens, green space, a yoga/fitness lawn and a private dog park. The interior offers residents a clubhouse with an entertainment kitchen, fireplace, seating areas, billiards, a latte and tea bar with wi-fi access and a 24-hour athletic club. Each unit includes a Smart thermostat, wood-style flooring, built-in USB outlets, stainless-steel appliances, quartz countertops with undermount sinks and modern lighting and fixtures.
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