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California Firm Sells Austin Apartment Complex

Calvera Partners Pays $34.2 Million for Terrace Cove Apartments
Terrace Cove was built in 1986. (CoStar)
Terrace Cove was built in 1986. (CoStar)
By Vida Gintvainis
CoStar Research
March 25, 2020 | 6:37 P.M.

Steadfast Investment Properties has sold Terrace Cove Apartments, a 304-unit complex in Austin, Texas, for $34.2 million, or about $113,000 per unit.

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