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ALMA Apartments Plus

Hotel conversion

INVESTMENT PROJECT INTRO

ALMA Apartment Plus is a hotel conversion program. It is located in the dynamic north-central Austin submarket where can gain immediate access to Austin’s major transportation
arteries, such as I-35, US 183 and Hwy 290, etc. The program is composed of two hotel conversions. One is called Budget Lodge and the other is called Economy Inn. These two hotels will be converted to one multifamily property with 188 units.

DETAILS ABOUT PROJECT

  • Investment Type: Private Equity
  • Starting Date: July 2021
  • Total Project Size: $6,829,000
  • Address:SW Corner of I35 & Rundberg Lane Austin, TX, 78753
  • PROPERTY TYPE: Multifamily
  • INVESTMENT PROFILE:
  • INVESTMENT CATEGORY: Private Equity
  • TARGETED INVESTMENT PERIOD:
  • MINIMUM INVESTMENT: Contact us for more info

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ALMA Apartments Plus

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