Completed
Austin, TX
Establishment Apartments
Click to view all photos
.png)
No items found.
Property Overview
The Opportunity
Value-add acquisition of a 140-unit multifamily community in Central Austin. Completed interior and exterior renovation of the property and deployed an aggressive marketing strategy to lease the project to stabilization before sale.
Competitive Advantage
Lessons Learned
Property Location
Documents & Financials
No items found.
Related Articles
No items found.
Investment Summary
Property Type:
Multifamily
N/A
Strategy:
Value Add
N/A
Address:
3501 S 1st St, Austin, TX 78704
N/A
Investment Date:
September 1, 2011
N/A
Est. Hold Period:
2.1 Years
N/A
Total Capitalization:
N/A
Loan To Cost Ratio:
N/A
Est. Exit Cap Rate:
N/A
Investor Preferred Return:
N/A
Property Type:
Multifamily
N/A
Strategy:
Value Add
N/A
Address:
3501 S 1st St, Austin, TX 78704
N/A
Investment Date:
September 1, 2011
N/A
Disposition Date:
November 1, 2013
N/A
Hold Period:
2.1 Years
N/A
Realized IRR:
39.90%
N/A
Equity Multiple:
2.04 X
N/A
Total Capitalization:
N/A
Loan To Cost Ratio:
N/A
Exit Cap Rate:
N/A
Realized Investor Return:
N/A
Property Type:
Multifamily
N/A
Strategy:
Value Add
N/A
Address:
3501 S 1st St, Austin, TX 78704
N/A
Investment Date:
September 1, 2011
N/A
Disposition Date:
November 1, 2013
N/A
Hold Period:
2.1 Years
N/A
Total Capitalization:
N/A
Loan To Cost Ratio:
N/A
Cap Rate at Close:
N/A
Realized Investor Return:
N/A
Residential
Algarita Lakeside
San Antonio, Texas
Value-Add Multifamily Acquisition of 293-units from distressed Tenant-In-Common "TIC" partnership.
Residential
Property Type:
Multifamily
N/A
Property Type:
Multifamily
N/A
Property Type:
Multifamily
N/A
%20Large.jpeg)
Land
NB North
New Braunfels, TX
Off-market acquisition of 22.13 acres of fully entitled land for future multifamily.
Land
Property Type:
Land
N/A
Property Type:
Land
N/A
Property Type:
Land
N/A
Land
Windcrest
San Antonio,TX
Acquisition of two (2) land tracts totaling 12.2 acres for entitlement and sale in Windcrest, northeast of downtown San Antonio.
Land
Property Type:
Land
N/A
Property Type:
Land
N/A
Property Type:
Land
N/A
Residential
Prose Lonesome Quail
New Braunfels, TX
Prose Lonesome Quail is the development of a 390-unit, 3-story garden style multifamily community in New Braunfels, TX, one of the fastest growing cities in the US.
Residential
Property Type:
N/A
Property Type:
N/A
Property Type:
N/A
Commercial
South Lamar Medical Center
Austin, TX
South Lamar Medical Center was the off-market acquisition of a vacant 110K SF former retail and office building for renovation and repositioning into South-Central Austin’s premier medical office.
Commercial
Property Type:
Medical Office
N/A
Property Type:
Medical Office
N/A
Property Type:
Medical Office
N/A
.jpg)
Residential
Crenshaw Grand
Houston, TX
Crenshaw Grand was the off-market acquisition of a fully stabilized 264-unit, garden style apartment community at the intersection of the supply-constrained Pasadena and Clear Lake submarkets in Houston, TX.
Residential
Property Type:
Multifamily
N/A
Property Type:
Multifamily
N/A
Property Type:
Multifamily
N/A
Have questions? Our team is here to help
Schedule an introductory call with BCP's executives to align your investment goals with tax-efficient and profitable strategies.
