Solomon

Solomon is a premier 369-unit wrap-style apartment community located in the heart of Austin's coveted Mueller district, a popular mixed-use neighborhood in Northeast Austin. Completed in 2024, this newly constructed asset offers an unparalleled living experience with hotel-inspired amenities and the highest quality finish outs of any mid-rise apartment community in Austin. Solomon's leasing performance has been among the most remarkable in Austin's multifamily market. Since leasing commenced in March 2024, the property has averaged 35 leases per month and has experienced a 3.7% increase in rents during that period. Situated in the highly desirable Mueller district (75+ walk score), Solomon benefits from its proximity to downtown Austin while offering immediate access to Mueller's walkable amenities. The district is widely regarded as having the best inner city park system in Austin and is known for its popular restaurants, shopping, and Sunday Farmer's Market. Solomon's strategic location near major employers, a stable Class A office market, and the University of Texas at Austin enhances its broad appeal among design- and amenity-focused young professionals, families, empty-nesters, and graduate students. The property features approximately 7,900 square feet of ground-floor retail space of which is leased or under lease negotiation. Solomon presents the only opportunity to acquire a fee simple residential asset within the Mueller area, making it a truly one of one investment in this location. Overall, the combination of prime location, superior amenities, and strong leasing performance positions Solomon as Austin’s premier mid-rise investment.