MULTIFAMILY OFFERING | SHOWN BY APPT. WITH LISTING AGENTS INVESTMENT HIGHLIGHTS Trendy South Central Austin | 255 Units Tremendous Value Add Opportunity Excellent Location | 15 Minutes to the CBD, State Capitol, the University of Texas Easy Access North and South via S. First, S. Congress, IH-35 and MoPac (Loop 1) One of Austin’s Fastest Growing Submarkets Convenient Access to Public Transportation Low Density, All Two-Story Garden Style Apartments | 410 Parking Spaces Shown By Appt. with Listing Agents 739 W. William Cannon Dr. | Austin, TX 78745 Ellen Muskin - 512.343.2700 x1 Daniel Elam - 512.343.2700 x2
[email protected] [email protected] Investment Opportunity • The property benefits from high visibility at the quadrant of West William Cannon Drive and South First Street. These thoroughfares provide direct access to the city’s main highways, IH-35, Mopac (Loop 1) and Hwy 71. Downtown and its related amenities are located approximately six miles north via South First Street, with the University of Texas located about eight miles north. The area surrounding fundamentals continue to progress. • Austin in the second-best place to live in the U.S., according to a new ranking from U.S. News and World Report (Mar. 2016). According to a 2015 report from Money, Austin is the best city in the U.S. for adults ages 20 to 34: “...projected job growth through 2019 is a robust 13.3% - thanks in part to big tech and telecom employers like Dell, IBM and AT&T.” • The South submarket is experiencing extremely strong rent growth, primarily due to Austin’s thriving apartment outlook; and continued new construction in the Central Business District, which is forcing residents southward in search of affordability.