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Multifamily

Flora

Austin, TX

194 Units

Built in 2019

Core

Investment Highlights

  • New Construction, Mid-Rise Asset: Best-in-class unit features and community amenities such as 12-foot ceilings, granite countertops, stainless steel appliances, elevator access, resort-style pool, and
  • Strong Employment Drivers Nearby: Nearly 150,000 jobs within a three-mile radius of Flora – University of Texas at Austin, AT&T, Facebook, Dell Children's Medical Center, etc.
  • Outstanding Submarket Fundamentals: The average home price in the area is $467,300, more than double the state average. In the fourth quarter of 2019, the Near North Austin submarket averaged 96.0 per
  • Major New Developments Nearby: Minutes from Mueller Development, Highland Redevelopment, and Apple's new $1 billion campus.

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