San Marcos, Texas — Casey Development has sold Uptown Square Apartments, a 512-bed, luxury student housing apartment community located in San Marcos near the campus of Texas State University.
The buyer was Inland Real Estate Group. The sale price was undisclosed.
Developed and constructed in 2015 by Casey, Uptown Square provides residents with nine-foot ceilings, granite countertops, oversized closets, upgraded stainless steel appliances, crown molding and private patios and balconies.
Property amenities include a 24-hour 3,000-square-foot fitness center, a clubhouse, study rooms, a computer lab, a tanning bed, and a pool area that features a sand volleyball court and an outdoor cabana kitchen and lounge. At the time of the sale, occupancy was above 97 percent.