Sendero at Trace

425 El Rio Street, San Marcos, TX, 78666, US

Description

JLL as advisor is pleased to present Sendero at Trace, strategically located in the vibrant city of San Marcos, TX, United States.

This property represents a unique opportunity to acquire a newly constructed Class A multi-housing asset. Completed in 2024, Sendero at Trace spans an impressive 367,878 square feet and comprises 399 units, offering a compelling investment for those seeking robust capital appreciation in a thriving market.

Strategically housed within a burgeoning community, Sendero at Trace benefits from excellent connectivity to major urban centers via I-35. The property's proximity to the rapidly expanding Austin-San Antonio Corridor positions it ideally to capitalize on the influx of residential demand driven by local economic growth and demographic pressures.

The investment thesis is underpinned by the exceptional growth potential and stability offered by the San Marcos market, known for its dynamic economy and booming population. Sendero at Trace offers enduring value not only through its modern construction and appealing amenities but also with long-term cash flow prospects driven by the strong local tenant base.

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Attributes

Number of units

399

Year built

2024

Building area net

34,177 m²

Media

Investment Highlights

Brand-new construction offers modern amenities and energy efficiency.
Located in San Marcos, TX, a rapidly growing market with rising rent demand.
Impressive 367,878 sqft building area provides significant leasing potential.
399 units designed to maximize occupancy rates and cash flow stability.
Constructed in 2024, ensuring low maintenance costs for initial years.
Leverage value growth through strategic location yields above-market rents.