AUSTIN--HFF has closed the sale ofTerrain, a 101-unit apartment community in theSouth Austin submarket.

HFF marketed the asset on behalf of FBZ WilliamsonCreek. A private buyer located in Northern Californiapurchased the property for an undisclosed amount.

Terrain is situated along Williamson Creek at 5112 South 1stSt., near the intersection of West Stassney Lane, approximatelyfour miles southwest of downtown Austin. Renovated in 2013,the 95-percent-leased asset also provides nearby access toSt. Edward's University and South Austin'srecreational/entertainment amenities, as well as majorthoroughfares such as Interstate 35, Highway 71 and MopacExpressway (Loop 1).

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