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Multifamily

The Ridge at Headwaters

Dripping Springs, TX

168 Units

Built in 2019

Suburban Core

Investment Highlights

  • Outstanding Submarket Fundamentals: The Southwest Austin submarket experienced an impressive 5.05 percent rent growth and maintained 94.9 percent occupancy in 2019.
  • Beacon Asset, Class A Construction: Built in 2019, this unique investment opportunity consists of 168 units in addition to a 9.629-acre, shovel-ready site, which can support 96 units.
  • Highly Visible Location: The asset is located off SH 290, (34,000 VPD), which provides a convenient commute to nearly 86,000 jobs in downtown Austin.

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