Located in Austin, Texas
2012 Garden Style, 252 Unit,
First generation, Core Plus | Value-Add Asset
WEBINAR REPLAY & DRONE FOOTAGE
Viking Capital Is Pleased To Present Our Latest Investment Opportunity!
Villas at Sundance
New Braunfels, Texas
Viking Capital presents Villas at Sundance, a 252-unit, first-generation, value-add asset built in 2012. Located in New Braunfels, Texas, in the Texas Innovation Corridor along Interstate 35 between Austin and San Antonio. New Braunfels is the "Third Fastest Growing City in the Country," with a population growth of nearly 40% in five years. The city's growth is driven by new major employers, entertainment centers, and tourism. The New Braunfels submarket has the highest occupancy in the Austin-San Antonio MSA. This deal benefits from robust tenant demand due to population growth and a low-cost basis. With minimal new supply expected, Viking Capital secured this asset at a substantial discount, positioning this property as an exceptional investment opportunity.
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WHY WE LOVE THIS DEAL
Prime Location
Located in the middle of the growing Metro Plex Austin and San Antonio, two major economic hubs with expansive tech and tourism benefits.
High growth potential
New Braunfels is the "Third Fastest Growing City in the Country," boasting a population growth of nearly 40% in just five years.
Strong cost basis
Unheard of $148,000 per door, Villas at Sundance presents an opportunity to enhance the property and increase its value, capitalizing on the area's growth and growing demand.
Strategic Aquisition
Viking Capital secured this asset at a substantial discount, with minimal new supply(market increased rents). This positions Villas at Sundance as an exceptional investment opportunity with great potential for long-term returns.
Robust Demand
Villas at Sundance benefit from robust tenant demand due to New Braunfels' rapid population growth, offering a stable cash flow and reducing the risk of long term vacancies.
WHY WE LOVE THIS DEAL
Prime Location
Located in the middle of the growing Metro Plex Austin and San Antonio, two major economic hubs with expansive tech and tourism benefits.
High growth potential
New Braunfels is the "Third Fastest Growing City in the Country," boasting a population growth of nearly 40% in just five years.
Strong cost basis
Unheard of $148,000 per door, Villas at Sundance presents an opportunity to enhance the property and increase its value, capitalizing on the area's growth and growing demand.
Strategic Aquisition
Viking Capital secured this asset at a substantial discount, with minimal new supply(market increased rents). This positions Villas at Sundance as an exceptional investment opportunity with great potential for long-term returns.
Robust Demand
Villas at Sundance benefit from robust tenant demand due to New Braunfels' rapid population growth, offering a stable cash flow and reducing the risk of long term vacancies.
Three-Tiered Equity Structure
Allows Investors to Match Investment Goals
Class A
Prioritized Cash Flow
10% Preferred Return
No Profit Share
Minimum Investment
$50,000
Class B
7% Preferred Return
70/30 Profit Share
Minimum Investment
$50,000
Reserve Class
8% Preferred Return
80/20 Profit Share
Minimum Investment
$500,000
New Braunfels experienced record-breaking growth of 32.25% in 2023 without an increase in unemployment.
Located on the Comal and Guadalupe Rivers tourism in New Braunfels boasts an economic impact of $700 million and employs over 7,700 direct workers.
Money Magazine names New Braunfels one of the “Best Places to Live" which isn’t surprising given the strong job market seeing an increase of 1.7% over the 1.5% national average.
OUR TRACK RECORD
THROUGH PASSIVE INVESTING IN MULTIFAMILY SYNDICATION
26
Properties Acquired
$830M
In Assets Acquired
5,406
Units Acquired
24%
Average LPARR
Investor Perspective - David Wi
This is a Regulation D 506c offering for SEC Accredited Investors only. All investors will need to go through a third party accreditation verification process. This is not a solicitation for non-accredited investors to participate in this offering.
© 2023 | Viking Capital, LLC
© 2023 | Viking Capital, LLC