Barton Creek Villas_판매용 부동산
Barton Creek Villas_판매용 부동산

Barton Creek Villas

2716 Barton Creek Blvd, Austin, TX, 78735-1669, US

묘사

JLL has been exclusively retained to offer qualified investors a rare opportunity to acquire fee-simple interest in Barton Creek Villas – a 250-unit, 1998 vintage, luxury garden apartment community in the heart of Southwest Austin.


The property is positioned in one of Austin's most desirable micro-markets, surrounded by the city’s most coveted neighborhoods including Barton Creek, Lost Creek, West Lake Hills, and Rollingwood, featuring some of the highest demographics in the Austin MSA. Barton Creek Villas’ superior location on Barton Creek Boulevard provides convenient access to Greater Austin via Bee Caves Rd, Southwest Parkway, and Loop 1, while being surrounded by scenic rolling hills.


Barton Creek Villas features a mix of unit interiors: 18% premium gold unit renovations, 77% previous owner renovations, and 5% untouched. Each unit includes dedicated tuck-under garage parking and exceptional amenity offerings. The property's recent renovation program has driven strong leasing momentum, with substantial occupancy gains and consistently positive lease trade-outs. The asset commands a $300 rental premium over comparable properties while trailing the newest construction by approximately $370. This pricing position demonstrates strong market performance with significant upside potential, positioning the property as the submarket's rent growth leader with proven pricing power and sustained demand.


Barton Creek Villas represents an extremely rare opportunity to acquire a one-of-one turnkey asset in one of Southwest Austin’s most coveted and affluent neighborhoods.

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개요

단위 수
250
건축년도
1998
건물 면적 순
25,014 제곱미터
토지 면적 순
9.93 헥타르

미디어

투자 하이라이트

Irreplaceable Location in Southwest Austin with Significant Barriers to Entry

  1. Positioned in one of Austin's most desirable submarkets at the convergence of serene living, retail, dining, and employment centers
  2. Virtually no land sites available today in Barton Creek
  3. Severe supply constraint: currently, there are NO units under construction or in lease- up in a 2.5-mile radius


Bolstered by Strong Demographics, Desirable Residential Market, and Tenant Demand

  1. Median household income (one-mile radius): $210,299
  2. Low rent to income ratio: 11.7%, well below the Austin MSA average of 15.9% and the national average of 24.5%.


Institutional Ownership Coupled with Premium Renovated Product That Cannot Be Recreated Today

  1. Average renovation cost/unit = $26,257; average renovation premium/month: $379
  2. Exceptional construction quality featuring low-density design, distinctive terracotta roofing, and private tuck-under garages for each unit
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