Bryan, Texas — Atlanta-based Apartment Realty Advisors (ARA) has brokered the sale of Autumn Woods Apartments, a 160-unit, 400-bed student housing community located in Bryan. Constructed in 1999, the property is situated adjacent to Blinn College and less than 5 miles from Texas A&M University. Amenities include a swimming pool, a fitness center, a basketball court and a sand volleyball court. Occupancy was 94 percent at the time of closing. Chris Epp and Chris Bancroft of ARA’s National Student Housing Group represented the seller, a Dallas-based private party, as well as the buyer, Realco-Claremont LLC, which is a joint venture between New York-based companies Realco Capital Partners and The Claremont Group. The acquisition price was not disclosed.
— Coleman Wood