Gibson Flats

JLL has been exclusively retained to offer qualified investors a rare opportunity to acquire fee-simple interest in Gibson Flats — a 202-unit wrap-style apartment community in the heart of South Lamar.

Positioned in one of Austin's most desirable micro-markets, the property sits within a dynamic mixed-use corridor featuring over one million square feet of retail and 705,000 square feet of office space—all less than two miles from downtown Austin. Premier recreational amenities including Lady Bird Lake, the 10-mile Butler Hike & Bike Trail, 49-acre Auditorium Shores, and 350-acre Zilker Park are within 1 to 1.5 miles, offering unparalleled lifestyle access.

The asset has demonstrated exceptional market strength, sustaining occupancy above 95% throughout the past year with minimal concession activity—a clear indicator of robust tenant demand and stable operations. With current rents positioned below new construction comparables, the property offers significant value-creation opportunities through targeted capital improvements and strategic repositioning.

Gibson Flats represents an extremely rare opportunity to acquire a trophy asset along one of Austin’s most dynamic corridors.