Just Listed | Cielo at North Domain | 64 Units #NorthmarqCentralTexas is out to market with Cielo at North Domain, a 64-unit multifamily asset in North Austin near the Domain, Austin's second downtown. A growing submarket, rental stability, positive leverage day-1, strong historical occupancy, and a proven renovation strategy should bring this deal to the forefront of any value-add investor's pipeline. Since 2022, rents in the submarket are up nearly 20% for '70s-vintage assets. All while maintaining occupancy levels consistently above 92%. Reach out for more information or to schedule a tour! Listing page: https://lnkd.in/gqdTPppg Listing Team: Hayden Schnieders Will Collier Jordan Vaughn Financing Team: Noah Villicana Cheryl Higley Haylee Williamson Hayden Schnieders Will Collier Jordan Vaughn Scott Lamontagne Chase Gardner Diane Sogal
Northmarq Central Texas Investment Sales
Real Estate
Austin , TX 37 followers
Northmarq Central Texas is a full service solutions provider to major and institutional apartment owners and developers.
About us
Northmarq offers commercial real estate investors a personalized approach to buying and selling multifamily properties and manufactured housing communities. We combine our local market knowledge with the strength of a national platform to develop creative solutions for your real estate investment sales opportunities.
- Website
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northmarq.com
External link for Northmarq Central Texas Investment Sales
- Industry
- Real Estate
- Company size
- 11-50 employees
- Headquarters
- Austin , TX
- Founded
- 2018
Updates
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Just Listed | Patton at Windsor | Austin, TX #NorthmarqCentralTexas is pleased to present Patton at Windsor, a 34-unit value-add multifamily community in Austin. Patton at Windsor offers a buyer the opportunity to renovate the interior of all 34 units, and make additional exterior/community improvements. Renovated comps in the submarket are currently achieving rents $300+ per unit above current effective rents at the Property. Great basis play in a growing submarket. Windsor Park, directly adjacent to Mueller, is one of the fastest-growing submarkets in the city. And ~10 minute drive to Downtown. SELLER FINANCING & assumable debt are in play for this opportunity. Please reach out for more information. See below for property landing page: https://lnkd.in/g56wch8p #austin #CRE #multifamily
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Just Listed | 9700 Neenah | Austin Multifamily Development Site Northmarq Austin is pleased to market for sale 9700 Neenah, a 10.55-acre multifamily development site in Northwest Austin. With a proposed density of 36 u/ac, a developer as the opportunity to bring a maximum of 380 units to a fantastic location near Parmer & 620, situated between the Domain and Cedar Park. A couple of reasons why we love this location: * 1.5 miles (4 minutes) from Lakeline Station, with light rail connectivity to Downtown Austin. * 5 minutes from Apple’s new $1B corporate campus (133 acres, including 3m sq ft workspace, 15,000 employees at full build-out). * 1 mile (3 minutes) from high profile mixed-use community Pearson Ranch (156 acres, including 200k sq ft retail, 2m sq ft office, 48 acres dedicated toward future corporate campus, 2 hotels, parks & trail network, and housing). * Strong school districts, demographics, and employment opportunities. * Nearby major employers include Apple, eBay, Electronic Arts, Applied Materials, AECOM, NVIDIA, D.R. Horton. For more information, please reach out directly or view the OM & deal room using the link below: https://lnkd.in/gPJCZvpr Hayden Schnieders Scott Lamontagne Chase Gardner Diane Sogal Will Collier Jordan Vaughn
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