Villas 26th

Austin TX
Under Contract
Property Type :
Apartments
Year Built :
2014
Property Size :
0.49 acres / 77,785 Sft / 49 Units

Overview

Holliday Fenoglio Fowler (“HFF”) has been exclusively retained to offer qualified investors the rare opportunity to purchase fee simple interest in Villas on 26th (the “Property”) a luxury Class A urban-pedestrian student housing property less than .5 miles from The University of Texas (UT Austin).

Property Summary

Built in 2014 and located at the epicenter of the notable West Campus student housing market, the Property is comprised of 182 beds across 49 units. Villas on 26th features the most luxurious and technically advanced units and amenities in the student housing space and is located in the heart of UT’s massive Greek student population in West Campus resulting in a significant rental premiums and continuous leasing momentum for the property.

Location

The property’s performance reflects it’s perfectly thought out design as it has remained 100% occupied since opening and is 70% preleased for the 2019/2020 academic calendar with a year-over-year rental increase of over 8%. Villas on 26th should see continuous rent grow as UT is projected to add an additional 2,800 students to the current enrollment of 51,000 by 2020.

Map

Documents

If you are interested in obtaining more information from HFF, please execute the confidentiality agreement below. HFF will review the signed agreement and contact you as soon as possible.

Contact Information

Doug Opalka500 West 5th Street
Suite 1200
Austin, TX 78701
P: 5125321922
F: 5125321901

dopalka@hfflp.com
Ryan McBride500 West 5th Street
Suite 1200
Austin, TX 78701
P: 5125321932
F: 5125321901

rmcbride@hfflp.com
Spencer Roy500 West 5th Street
Suite 1200
Austin, TX 78701
P: 5125321977
F: 5125321901

sroy@hfflp.com
Sean Wolff500 West 5th Street
Suite 1200
Austin, TX 78701
P: 5125321954
F: 5125321901

swolff@hfflp.com

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.