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Rare – Tierra Bella Apartment

Value-add Multifamily

INVESTMENT PROJECT INTRO

Tierra Bella Apartments (RARE Apartment) is being acquired as an off-market joint venture for $15,655,154, or $76,741 per unit for 204 units.

Tierra Bella offers investors the opportunity to acquire a property in the booming market of Austin, Texas. The property is located in the northeast submarket of the city in an area experiencing rapid change, new construction, and private investment. Tierra Bella is located just 5 miles from downtown Austin and only 3.5 miles from the impressive Mueller Master Planned Community & Development.

DETAILS ABOUT PROJECT

  • Project Size $18,210,000
  • Interest Start Date  July 2016
  • Project Close-Out Date January, 2020
  • Investment Category Equity
  • PROPERTY TYPE: Multifamily
  • INVESTMENT PROFILE: Acquisition
  • INVESTMENT CATEGORY: Equity
  • TARGETED INVESTMENT PERIOD: 3 Years
  • MINIMUM INVESTMENT:

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Rare - Tierra Bella Apartment

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