Northland Acquires 430-Unit Apartment Community in Southwest Austin

With its acquisition of The Park at Monterey Oaks, Northland Investment Corp. now owns 19 multifamily properties totaling more than 7,000 units in the Austin area.

AUSTIN, TEXAS — Massachusetts-based Northland Investment Corp. has acquired The Park at Monterey Oaks, a 430-unit, Class A multifamily community located at 4701 Monterey Oaks Blvd. in southwest Austin. Built in 2000, the garden-style property consists of 15 two- and three-story buildings. Amenities include a property-owned park, community garden, nature trail, pool and boat parking. With this acquisition, Northland’s Austin portfolio totals 7,040 units across 19 properties.


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