Parkwood Terrace

Parkwood Terrace

View Offering Memorandum and Financials

Offering Summary:

  • Location: Round Rock, TX
  • Year Built: 2001
  • Units: 144

Investment Highlights:

  • Low-Density, Value-Add Asset in the Top-Performing Austin Suburb of Round Rock
  • Numerous Capital Projects Completed, 35% Classic Units Remaining to be Upgraded and Opportunity to Implement Washer/Dryers into 134 Units
  • ​​​​​​​Strong Effective Rent Growth: Parkwood Terrace’s Rents Have Increased Over 20% in Trailing 12 Months
  • Opportunity to Implement Valet Trash, Tech Packages, and Community Amenity Fee
  • ​​​​​​​Immediate Submarket Achieved 23.5% Annual Rent Growth with 97.7% Average Occupancy in 1Q22 (RealPage Data)
  • Major Developments Nearby: Apple Campus, The District, Indigo Ridge, Kalahari Resort and Three Miles from Dell Technology HQ

Exclusively Listed by:

The Best Access to Private and Institutional Capital

View Our Properties