Newmark Brokers Sale of 68-Unit South Congress Commons in Austin, Texas

by Channing Hamilton

AUSTIN, TEXAS — Newmark has brokered the sale of South Congress Commons, a 68-unit complex located north of downtown Austin. An affiliate of locally based owner-operator Narrow Road Group purchased the asset from Firm Capital for an undisclosed price. Chase Easley of Newmark represented the seller in the deal. Anthony Tarter, also with Newmark, arranged an undisclosed amount of acquisition financing on behalf of the buyer. Situated in Austin’s city’s South Congress area, the property features studio and one-bedroom units. Amenities include a dog park, courtyard, outdoor grilling and dining areas and onsite laundry facilities.

You may also like