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Viking Capital Announces New Investment Opportunity: A 252-Unit Luxury Property in Austin
Viking Capital Investments LLC has unveiled its 27th investment opportunity with the acquisition of Villas at Sundance, a luxury 252-unit property located strategically between Austin and San Antonio. This addition marks an important milestone for the company and presents a lucrative opportunity for investors. The Villas at Sundance is part of a fast-growing Metroplex, now boasting a combined population of 5 million, offering both convenience and prestige to its residents.
New Braunfels, the city home to Villas at Sundance, ranks as the nation's third-fastest-growing city for populations over 50,000. Built in 2012, Villas at Sundance is a Class-A property that promises prime real estate investment with minimized risk and substantial return prospects over five years. The property not only benefits from being below market comparables by $55 per unit but also offers the potential for immediate rent increases through minor upgrades. Viking Capital views this as a compelling cash-flowing asset with organic rent-growth prospects for investors.
R. H.
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