AUSTIN--HFF has closed the sale of Terrain, a 101-unit apartment community in the South Austin submarket.

HFF marketed the asset on behalf of FBZ Williamson Creek. A private buyer located in Northern California purchased the property for an undisclosed amount.

Terrain is situated along Williamson Creek at 5112 South 1st St., near the intersection of West Stassney Lane, approximately four miles southwest of downtown Austin. Renovated in 2013, the 95-percent-leased asset also provides nearby access to St. Edward's University and South Austin's recreational/entertainment amenities, as well as major thoroughfares such as Interstate 35, Highway 71 and Mopac Expressway (Loop 1).

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