February 29, 2024
AUSTIN –The Bascom Group has acquired Texan 26, a 204-bed student housing property near the University of Texas at Austin.
Texan 26 offers units starting at 885 sf with rent starting at $1,179 per month. Amenities include private balconies in each unit, in-unit washer and dryer, modern kitchen appliances, and proximity to a bus stop.
Matthews Real Estate Investment Services represented the undisclosed seller, while Bascom Group was self-represented. Newmark arranged acquisition financing through Bridge Investment Group for the off-market deal.