LEDIC Realty Acquires 184-Unit Apartment Community in Austin
AUSTIN, TEXAS — Memphis-based LEDIC Realty Co. has acquired Enclave at Water’s Edge, a 184-unit multifamily community in North Austin. Built in 1986, the property is located within two miles of The Domain shopping and dining destination, as well as the hubs of major employers such as Amazon, Apple and Facebook. Patton Jones of NKF represented the seller, San Francisco-based Hamilton Zanze, in the transaction. The sales price was not disclosed.