Investment Highlights

Value-Add Potential

Opportunity to raise rents through updating interiors & appliances, improving common areas, and renovating exterior elements for improved curb appeal and property aesthetics. Owner also currently pays tenant’s water/sewer & trash providing chance to bill back or implement fee system to recoup cost.

Lack of Competing Supply

Currently, there are only 51 market rate rental units and 206 affordable rental units within a 10 mile radius of Village on Hill Street with a population of 16,000+ within the same radius. With no new units proposed or under construction investors can capture organic rent growth as the Austin MSA and surrounding areas continue to grow.

Historic Community amidst the Highland Lakes

• Burnet, TX is a city in and the county seat of Burnet County, TX located just 50 miles northwest of Austin, 12 miles north of Marble Falls, and sits at the intersection of State Highway 29 and U.S. Highway 281 with a traffic count exceeding 19,000 cars per day.

• Near the edge of the Texas Hill Country and the largest chain of lakes in Texas, thed Highland Lakes.

• The city offers a myriad of amenities for it's citizens including recreational outdoor activities, an excellent school district, Seton Highland Lakes Hospital, proximity to higher education, an outstanding airport with 5,000 ft. runway, unique shopping, museums, historic district, and exciting annual festivals.