Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1997
Building Area
Land Area
Number of units 384

Property Description

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase fee-simple interest in Griffis North Austin, a 19 building, 384-unit, garden apartment community located in the heart of North Burnet. Prominently positioned along Metric Boulevard and minutes from the Parmer tech corridor, Griffis North Austin is situated in the nexus of Austin’s explosive tech growth. The property offers unmatched access to the nearby mixed-use oasis, the Domain, or Austin’s second Downtown, boasting a variety of restaurant, retail and entertainment hotspots.


Built in 1997, Griffis North Austin features a resort-style pool, an all season spa, off-leash dog park, fire pit lounge, 24-hour fitness center and yoga studio, sand volleyball court and access to the Walnut Creek walking trail, providing residents with a full package of amenities. The proven value-add potential presents investors with a compelling opportunity to invest in a well-maintained asset located in one of the fastest growing and most desirable submarkets in Austin.

Investment Highlights

  • Proven value-add opportunity in North Austin with further upside
  • Unparalleled access to The Domain, Austin's second Downtown
  • Located within the North Burnet-Gateway Corridor
Last Updated Date: 22 Sep 2020
Sean Sorrell
Sean Sorrell
Senior Managing Director, Austin & San Antonio Co-Office Head
License details
TX-0353651
Ryan McBride
Ryan McBride
Director, Capital Markets
License details
TX-615957

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Last Updated Date: 22 Sep 2020

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