Summit at Rivery Park

Summit at Rivery Park

View Offering Memorandum and Financials

Offering Summary:

  • Location: Georgetown, TX
  • Year Built: 2015
  • Units: 228

Investment Highlights:

  • 228-Unit Asset in Georgetown, Within Rivery Park Master Plan: A walkable mixed-use district along the San Gabriel River combining Class A multifamily, the Sheraton Austin Georgetown Hotel & Conference Center, retail, dining, and direct trail access to historic downtown Georgetown
  • 2015-Vintage with Proven Value-Add Upside: 77% of the property (176 units) remains untouched, offering meaningful upside through continued interior upgrades — Renovated units (52 units) are currently achieving premiums of approximately $100-150
  • Adjacent to Wolf Ranch Tower Center: Less than one mile from a 632,000 SF open-air retail destination drawing 7.1M annual visitors across 80+ stores including Target, Best Buy, H-E-B, and Chick-fil-A — supported by $138K average household income within a 5-mile radius
  • World-Class Healthcare and Education Anchors: Minutes from St. David's Georgetown Hospital (Top 100 Hospital nationally) and under two miles from Southwestern University (Top 100 National Liberal Arts College, #1 in Texas for career services by Princeton Review)
  • Georgetown: America's Fastest Growing City: Ranked the fastest-growing U.S. city for multiple consecutive years by the U.S. Census Bureau, driven by Austin tech spillover, the Samsung Taylor semiconductor campus, and continued I-35 corridor corporate relocations

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