Oxford Enterprises Buys Austin Luxury Apartments
Multifamily investment firm Oxford Enterprises Inc. has acquired a new, luxury 300-unit community in the North Austin suburb of Pflugerville, Texas. Institutional Property Advisors brokered the sale of the asset, which has been rebranded as Oxford at Santa Clara. A team of Will Balthrope, Jordan Featherston, Drew Garza and Kent Myers represented the seller and procured the buyer.
Located at 1701 South Heatherwilde Blvd., the property was built by JCI Apartments last year and comprises 13 buildings of three stories on a 21.5-acre site. Oxford at Santa Clara is just east of Interstate 35, near Loop 1 (the MoPac Expressway). Amenities of the high-end property include a resort-style pool, fitness center, movie theater and detached garages. Apartments feature 9-foot ceilings with an average size of 800 square feet.