Active
Austin, TX
University Business Center
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Property Overview
The Opportunity
Sourced off-market, acquired 114,000 SF flex-industrial center known as University Business Park strategically located at the core of Austin's SE Industrial District. Successfully maintained stabilized occupancy and strong rent growth throughout the hold period resulting in an average 14% annual cash flow to investors.
Competitive Advantage
Lessons Learned
Property Location
Documents & Financials
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Related Articles
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Investment Summary
Property Type:
Office
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Strategy:
Multi-Tenant Value Office
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Address:
3019 Alvin Devane Blvd, Austin, TX 78741
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Investment Date:
April 20, 2018
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Est. Hold Period:
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Total Capitalization:
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Loan To Cost Ratio:
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Est. Exit Cap Rate:
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Investor Preferred Return:
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Property Type:
Office
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Strategy:
Multi-Tenant Value Office
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Address:
3019 Alvin Devane Blvd, Austin, TX 78741
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Investment Date:
April 20, 2018
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Disposition Date:
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Hold Period:
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Realized IRR:
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Equity Multiple:
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Total Capitalization:
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Loan To Cost Ratio:
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Exit Cap Rate:
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Realized Investor Return:
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Property Type:
Office
N/A
Strategy:
Multi-Tenant Value Office
N/A
Address:
3019 Alvin Devane Blvd, Austin, TX 78741
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Investment Date:
April 20, 2018
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Disposition Date:
N/A
Hold Period:
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Total Capitalization:
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Loan To Cost Ratio:
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Cap Rate at Close:
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Realized Investor Return:
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Residential
Algarita Lakeside
San Antonio, Texas
Value-Add Multifamily Acquisition of 293-units from distressed Tenant-In-Common "TIC" partnership.
Residential
Property Type:
Multifamily
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Property Type:
Multifamily
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Property Type:
Multifamily
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Land
NB North
New Braunfels, TX
Off-market acquisition of 22.13 acres of fully entitled land for future multifamily.
Land
Property Type:
Land
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Property Type:
Land
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Property Type:
Land
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Land
Govalle
Austin, TX
Acquisition 2+ acres in East Austin to subdivide into single-family lots.
Land
Property Type:
Land
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Property Type:
Land
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Property Type:
Land
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Residential
Prose Lonesome Quail
New Braunfels, TX
Prose Lonesome Quail is the development of a 390-unit, 3-story garden style multifamily community in New Braunfels, TX, one of the fastest growing cities in the US.
Residential
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Commercial
South Lamar Medical Center
Austin, TX
South Lamar Medical Center was the off-market acquisition of a vacant 110K SF former retail and office building for renovation and repositioning into South-Central Austin’s premier medical office.
Commercial
Property Type:
Medical Office
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Property Type:
Medical Office
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Property Type:
Medical Office
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Residential
Crenshaw Grand
Houston, TX
Crenshaw Grand was the off-market acquisition of a fully stabilized 264-unit, garden style apartment community at the intersection of the supply-constrained Pasadena and Clear Lake submarkets in Houston, TX.
Residential
Property Type:
Multifamily
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Property Type:
Multifamily
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Property Type:
Multifamily
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