In 2021, ACRE provided $57,825,000 of bridge financing on this newly built, Class-A multifamily property in Austin, TX. The loan was fully funded at close and used to acquire the Property from the developer. Citizen House Decker is located in the city of Austin, one of the fastest growing cities in the United States and is located approximately four miles from Tesla’s $1.1 billion gigafactory. The Property features an array of high-end amenities such as a resort-style pool area, coworking space, dog park with night lighting, and EV charging stations.
$57,825,000
Amenities list
- Resort-style pool with lounging edge
- Poolside grills and dining area
- Resident lounge with kitchen / coworking spaces / arcade, wifi-enable fitness center
- 24/7 Luxer package lockers and secured mail room
- Dog park with night lighting
- Playground
- Electric vehicle charging stations
- Adjacent community park with walking trails
Features list
- Luxury vinyl plank flooring
- Gourmet kitchens include stainless steel appliances, granite countertops, tile backsplash, pantry, and islands
- Dual vanities
- Washer / dryer sets
- Private patios and balconies
- Fenced yards
- Oversized walk-in closets
- Austin, TX
- 324