Bainbridge Creekside

770 Barbarosa Road, New Braunfels, TX, 78130, US

Description

Bainbridge Creekside is a newly delivered, Class A, 291-unit multifamily community completed in 2024 in New Braunfels, Texas. The property presents a compelling investment opportunity at a basis meaningfully below current replacement cost in one of the state’s most rapidly expanding markets. Strategically positioned along the I-35 corridor between Austin and San Antonio, Bainbridge Creekside pairs high quality construction with access to robust amenities including Creekside shopping center, and downtown New Braunfels and Gruene.

...

Attributes

Units

291

Year built

2024

Building area net

26,255 sm

Land area gross

2.63 ha

Media

Investment highlights

2024 vintage at significant discount to replacement cost
City-wide growth tailwinds with 6.2% annual population growth since 2015
Outsized rent growth to follow supply cliff - zero units under construction or capitalized delivering after third quarter of 2026
Less than 10 minutes from downtown New Braunfels and historic Gruene lifestyle amenities