Thanks to our investors, in February 2020, Real International has acquired a $5.66 million dollar business center located near the site of Apple’s New Campus. In light of this, Real International has undertaken a deep analysis of Austin’s real estate market, to meet our high-value investor’s meticulous standards in showing why we chose this business investment. This business center has the double advantage of both a stable appreciation as well as a good cash flow, which will perfectly satisfy our Austin investors who require investments in the hottest markets. Congratulations once again to Real International for using our second-to-none original market foresight and investment knowledge to help our investors successfully invest in real estate in Austin.
The following is an introduction to the complete project.
With Austin’s rapid development and gaining a reputation as the ‘Silicon Hills’, the real estate industry is booming and the forecast housing prices is very good. In this business deal, customers have a choice of office buildings, business centers, hotels, restaurants, entertainment, media, health and exercise, to name a few. With so many investment options, a person often doesn’t know where to begin, which will prevent investors from moving forward, but customers who choose to invest with Real International will find a real estate project they can truly admire.
Real International makes use of the power of internationally renowned Certified Commercial Investment Members (CCIM) to satisfy the requirements of our real estate investment clients, as well as providing assistance to help our clients accumulate wealth and increase their property values and protect their assets. In this way, Real International can provide comprehensive customer service.
Real International selected this commercial real estate investment opportunity located near Apple’s New Campus because of a number of factors, including the project’s location, surrounding facilities, level of safety, business development area, as well as a number of aspects included in the specialized market inspection, in addition to a number of business service types.
This project’s selection also gives customers a totally satisfactory list of benefits. Not only is this investment a net gain, but the investor’s responsibilities will also be simple and give one little to worry about. Receiving rent is stable, and this shopping center will continue to increase in value year after year, partially due to its location near Apple’s New Campus. Some of the main advantages are:
- Trouble-free, safe and protected
- A steady, passive cash flow
- Sit back and wait to receive rent payments
- High Appreciation, year after year
This business estate’s investment opportunities, no matter if they come from its location, development prospects, return rate or property type, all hold a strong attraction to investors. This is a fantastic business investment opportunity that is perfectly suited to Real International’s investors, as the property management company brings its own tenants, so the owner has nothing to worry about. Very rarely will you find this type of investment opportunity.
Aside from the benefits listed above, this business center has a sufficiently large area to house all kinds of business tenants. Additionally, there are 72 parking spaces, which will provide a suitable parking situation as the business center develops. The specifics of the location are listed below.
Property Type: Business Center
Address: 12221 Riata Trace Pkwy – Plaza at Riata
Area: 2.48 acres
Construction Date: 2003
Parking Spaces: 72
Current Tenants: 100% leased out
Nearby Surroundings: 2,000 family residences, 2 million square foot office park
Sale price: $5.66 million
Estimated yearly cash-on-cash return: 6 – 7.5%
Estimated yearly leverage ratio return: 10 – 12.5%
Why chose the area near Apple’s New Campus in Austin?
On November 20, 2019 President Trump toured the Apple Computer manufacturing factory located in Austin, Texas. Apple Chief Executive Tim Cook personally took President Trump on the tour of the facility. Secretary of the Treasury Steven Mnuchin, White House economic advisor Larry Kudlow, First Lady Ivanka Trump and President Trump’s son-in-law Jared Kushner also accompanied the President on his tour of the Apple facilities.
In September, the tech giant announced it would manufacture its new line of Mac Pro computers in Austin, not China. The company unveiled the redesigned Mac Pro at its Worldwide Developer Conference in June with a price tag of $5,999. The computer includes components from more than a dozen American companies.
Following President Trump’s visit, Apple announced that it has broken ground on its new $1 billion, 3-million-square-foot campus. The campus will initially house 5,000 employees, with the capacity to grow to 15,000, and is expected to open in 2022.
Apple announced the start of construction on its new campus in Austin, Texas, as part of its broad expansion in the city. At a production facility just a short distance away, Apple is preparing to ship the all-new Mac Pro to customers starting in December 2019.
The all-new Mac Pro is Apple’s most powerful machine ever, and 15,000 times faster than the original Mac. Apple and its manufacturing partners invested over $200 million in the Mac Pro facility in Austin, building out the complex assembly line where the Mac Pro is produced. Each Mac Pro travels a distance of 1,000 feet along the production line, with some components requiring precision placement within the width of a human hair.
Mac Pro units are now in production in Austin and will soon ship to customers across the Americas. The 244,000-square-foot Mac Pro facility employs more than 500 people in a range of roles, including electrical engineers and electronics assemblers, who build each unique unit to customers’ specifications.
“Building the Mac Pro, Apple’s most powerful device ever, in Austin is both a point of pride and a testament to the enduring power of American ingenuity”said Tim Cook, Apple’s CEO.
Apple is steadily growing in Austin with approximately 7,000 employees in the city — more than a 50 percent increase in the past five years alone. Earlier in 2019, Apple launched its Community Education Initiative in Austin, partnering with Austin Community College, Austin area public schools and other community partners to bring Swift coding into the classroom. In addition, Austin Community College was one of the first community colleges in the country to offer App Development with Swift to train its students to design and develop apps.
Why is it a good idea to invest in business real estate in Austin?
If we compare assets to eggs, we come up with an interesting explanation: we don’t put all our eggs in one basket; we don’t put all our eggs in the basket at the same time; we don’t only want to put eggs in the basket; and we don’t want to put all our baskets in the same place.
But in the end, the question of where to put the basket becomes an investor’s biggest headache.
Why choose business real estate?
Investing in real estate is a great way to build wealth. Commercial real estate investing, in particular, is known to provide some of the highest income streams. Investing in commercial real estate can be very rewarding, both personally and financially. For many, the objective of investing in commercial real estate is for future wealth and security; others utilize it for tax benefits and investment portfolio diversification. A successful commercial real estate investor has the potential to have a very lucrative career. Many beginner investors use multifamily properties as a gateway to get into commercial real estate investing.
Why choose Austin?
Austin is the top city in the country for real estate investment, according to PwC and Urban Land Institute. As the second fastest-growing city in the nation, Austin has one of the most positive real estate market outlook, making it a prime target for property investors.
Apart from being the capital of Texas and the live music capital of the world, many other elements are fueling the growth of Austin’s real estate. These factors are keeping the industry alive and guaranteeing a bright future.
For more information about Real International’s brokerage services, please visit www.realinternational.com.