Balcones Club

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase fee-simple interest in Balcones Club, a 312-unit, 1983 vintage, garden-style apartment community located in Austin's desirable Northwest submarket. The Property presents a significant value-add opportunity, with 88% of its units remaining unrenovated, offering a substantial path to future rent premiums and increased NOI. This potential is further highlighted by an approximate $200 rent gap to new construction assets, positioning Balcones Club as a compelling investment at a major discount to replacement cost. Its irreplaceable location along the heavily traveled US 183 corridor provides convenient access to major economic hubs and attractive amenities, including The Domain, The Arboretum, and Q2 Stadium. Overlooking the Balcones Country Club, the property resides in a highly desirable, supply-insulated submarket with no units currently under construction within a two-mile radius. With the ongoing 183 North Mobility Project set to further enhance transportation and connectivity, Balcones Club is an irreplicable asset in a high-demand submarket, offering exceptional long-term value.