Solaris House at Uptown ATX

JLL as advisors are pleased to present Solaris House at Uptown ATX, 2800 Solaris St, Austin, TX 78758.

This unique opportunity offers investors a rare chance to acquire a 341-unit Class A++ high-rise, positioned within a walkable transit-oriented community (TOC) adjacent to the Domain, one of Austin's top retail, dining, and employment centers. With its premier location and compelling luxury amenities, Solaris House epitomizes a trophy-grade investment in Austin's dynamic Uptown ATX submarket.

The property boasts an average unit size of 850 rentable square feet across its 289,724 square feet, achieving a 96.5% occupancy rate within 14 months post-launch. The diverse unit mix includes 58 studios, 203 one-bedroom units, and 80 two-bedroom units. Situated on 4.2 acres, the tower rises 13 stories, complementing Uptown ATX's mixed-use masterplan which features seven parks, 23 miles of trails, and seamless access to CapMetro's redline.

Solaris House stands at the forefront of unparalleled market strength, evidenced by +5% market rent growth and +16% effective rent trade-outs. The transformative development around the property promises sustained demand and absorption velocity, with limited future supply in the multifamily sector enhancing the investment's strategic advantage.

Investors capitalize on cash flow stability and growth potential, as Solaris House represents a once-in-a-cycle opportunity to secure a premier asset amid Austin's ascendent urban landscape, where luxury truly meets lifestyle.