The Ridge at Headwaters

The Ridge at Headwaters

View Offering Memorandum and Financials

Offering Summary:

  • Location: Dripping Springs, TX
  • Year Built: 2019
  • Units: 168

Investment Highlights:

  • 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.
  • Outstanding Submarket Fundamentals: The Southwest Austin submarket experienced an impressive 5.05 percent rent growth and maintained 94.9 percent occupancy in 2019.

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