Austin IV Portfolio Austin, Texas

Austin IV Portfolio

The Chateau on West 8th is a 30-unit multifamily property located at 1211 W 8th Street in Austin, Texas. The two-story property was originally constructed in 1972 but underwent a complete renovation in 2020. Interior renovations include vinyl floors, new cabinets, granite countertops, new fixtures, stainless steel appliances, and laundry in each unit. Exterior renovations consist of new paint, wood accents, and new roof trim. The property is currently 100% occupied, offering studio and one-bedroom units averaging 523 sf. 

The property is very well located in the beautiful and historic Clarksville neighborhood, close to Austin’s prominent nightlife scene, 6th Street, and in close proximity to Downtown Austin. Residents are close to a variety of restaurants, boutiques, grocery stores, and more. While most of these amenities are walkable or a short drive away, the property is secluded in a residential neighborhood with a mix of single family residential and small multifamily complexes. The homes surrounding the property are million-dollar homes in a well-kept neighborhood, offering tenants convenience and a peaceful community. Clarksville has a maintained long history is one of the most sought after neighborhoods in Austin due to its historical charm and modern urban living. Additionally, the Clarksville neighborhood is an attractive investor market. Within a mile radius of the property the average occupancy is 92.9% and population, employment, and wealth of Austin is predicted to increase year over year.

Hyde Park Square is a 48-unit multifamily property located at 206 W 38th Street in Austin, Texas. The property is situated on 1.11 acres (48,351 sf) and was built in 1963 and renovated in 2020. Renovated units include new cabinetry, quartz counter tops, stainless steel appliances, new fixtures, vinyl flooring, and some units offer a washer and dryer. Currently 62.5% occupied, the property offers one and two bedroom units averaging 746 sf. Community amenities include a pool and laundry facilities. 

Situated in the historic Hyde Park neighborhood, the property is ideally located for those looking to be in central Austin. Residents enjoy close proximity to key areas including the University of Texas at Austin, North Loop District, and Downtown Austin. The property provides easy access to major thoroughfares including Guadalupe Street and Lamar Boulevard. The property is located along the well-traveled W 38th Street, surrounded by primarily other boutique apartments but also some single-family residential homes. Just one mile from UT Austin, two miles from Downtown Austin, and in close proximity to grocery stores, restaurants, and retailers.

Hype Park is one of Austin’s most sought-after rental markets, with an occupancy rate of 91%. Additionally, the property offers an attractive unit size. The average unit size for the area is 591 sf, Hyde Park Square offers one-bedroom units that averaging 611 sf and two-bedroom units averaging 843 sf. Within a one-mile radius, Hyde Park Square stands out by offering some of the most attractive interior finishes in the submarket. In a competitive leasing environment, renovated units remain in high demand, making Hyde Park Square an excellent choice for both investors and future residents seeking quality living in one of Austin’s most vibrant and desirable neighborhoods.

The Highlander is a 50-unit multifamily apartment located at 803 Tirado Street in Austin, Texas. The property is situated on 0.5394 acres (23,498 sf) and was constructed in 1962 and renovated in 2020. Currently 86% occupied, the property offers one and two bedroom units averaging 601 sf. Upgrades include new cabinetry and fixtures, vinyl wood floors, new backsplash, stainless steel appliances and renovated bathrooms. Community amenities include covered parking, a playground and laundry facilities. 

Conveniently situated in the Highland submarket of Austin, The Highlander offers an exceptional location with direct access to I-35 and U.S. 290, making it an ideal choice for commuters. One of the property's key advantages is its proximity to Austin Community College’s Highland Campus, located less than a mile away. This makes The Highlander a highly attractive, affordable housing option for students and faculty, especially when compared to the newly constructed, higher-priced multifamily communities adjacent to the campus. Beyond its appeal to students, The Highlander is also an excellent choice for professionals who rely on I-35 or U.S. 290 for their daily commute, offering seamless connectivity to major employment hubs. Additionally, residents enjoy walkable access to The Linc Retail Center, a center featuring a movie theater, diverse dining options, and a variety of retail stores, enhancing convenience for tenants. With its central location, affordability, and accessibility, The Highlander stands out as a prime option for both students and working professionals in Austin.

Within two miles of the property, the average occupancy is around 89%. Rents seem to be fairly in line with other renovated class C multifamily apartments within 2 miles. 

Sunset Palms is located at 902 Romeria Drive in Austin, TX. Currently 55.6% occupied, the property offers 36 one-bedroom units that are all approximately 495 sf. The property is situated on 0.8130 acres and was constructed in 1971 and renovated in 2020. Unit renovations include quartz countertops, custom cabinetry, vinyl floors, stainless steel appliances, and ceramic tiles. 

The property is located in the Brentwood submarket of Austin. Brentwood is a predominantly residential neighborhood in Austin with great schools and many million-dollar homes, but also many affordable homes. Despite other apartment options in the area, demand remains strong, with occupancy rates holding steady at around 90%.

Sunset Palms is ideally situated within a mile of Austin Community College Highland Campus, providing an affordable alternative to the newly built apartments nearby. The area is home to major employers such as the Texas Department of Public Safety and a variety of retailers, offering residents both job opportunities and everyday conveniences. Nestled off Lamar Boulevard and with quick access to I-35, Highway 183, and Highway 290, the property ensures a smooth commute throughout Austin. Additionally, Crestview Station—Austin’s CapMetro hybrid rail and Rapid bus hub—is just a mile away, giving residents a budget-friendly and efficient way to navigate the city.