1305 E Wells Branch Pky, Pflugerville, TX, 78660, US

Jovie Pflugerville

Asset description

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase fee simple interest in Jovie Pflugerville (The “Property”), a newly constructed, 182-unit, mid-rise, active adult community in Pflugerville, Texas.Prominently positioned on Wells

Branch Parkway, Jovie provides seamless connectivity to Downtown Austin, Round Rock, and the Domain. The property is home to a full suite of resort-style amenities, including a chef-inspired kitchen, outdoor swimming pool and relaxation area, pickleball court, clubroom & bar, bistro & dining library, wellness-oriented fitness & spa, and a bark park/pet spa.

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Attributes

Number of units

200 units

Building area gross

24,281 sm

Year built

2023

Media

Investment highlights

Best in Class Amenities and Luxury Finish Outs

Jovie features an unmatched amenity base among all conventional and active adult properties in the Austin market.

- The property fosters the ultimate community building environment with a thoughtfully designed resort-style swimming pool, clubroom and bar, dining area, library & co-working lounge, dog park & pet spa, and a community kitchen.

- Furthermore, Jovie provides an optimal living experience through DIY Hobby rentable garage units, a paved walking trail connected to the back of the property, wellness-oriented fitness & spa, and attached garages.

- Unit amenities are curated for high-end living and real comfort – Chef inspired kitchens, stainless steel finishes, spa-style bathrooms with tiled walls and floors.

Area Poised for Strong Active Adult Fundamentals

- Rapidly growing segment of U.S. residential real estate driven by aging baby boomers, a population that will double over the next 10 years.

- A friendly business environment and variety of quality living options along the I-35 corridor have made Pflugerville, Round Rock, and Georgetown some of the fastest growing areas in the country.

- Highway 130 offers 41 miles of some of the quickest driving routes through Central Texas, in addition to an expanding business presence along the corridor.

- The property’s world-class community amenity set caters to the active lifestyle of its tenant base.