J Bouldin Condominiums
Property Overview
The Opportunity
Sourced off-market, acquired infill 1.41 acres from the Boys & Girls Club of Austin to develop a 38-unit luxury condo development off S. Congress in Austin, TX. Designed and permitted the project which included 5 townhomes, 30 flats units, and 3 units converted from the existing church structure. After contracting to sell 76% of units, sold the permitted project to infill condo developer to complete. Strong demand for infill condos in the area combined with virtually no new supply due to compatibility setbacks made this a rare three story development opportunity.
Competitive Advantage
Lessons Learned
Property Location
Documents & Financials
Related Articles
Investment Summary
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