Property details
Austin, Texas
21 Rio
Investment type
Value Add
Asset Class
Student Housing
Ownership Structure
Joint Venture
Year Acquired
2014
Investment Summary
Syndicated invested alongside CA Venture in 21 Rio, a 21-story, approximately 287,661 square foot high-rise that features 158 units (301 beds) and approximately 2,680 square feet of ground floor retail space.
Developed in 2009, each unit features high quality finishes including granite countertops, in-unit washer/dryers, spacious closets and a large floor plan. Most of the units have outdoor balconies.