Historical Multifamily Sale Listing - The Retreat at Town Centre Residential Condominium

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The Retreat at Town Centre Residential Condominium

2101 Town Centre Drive, Round Rock, TX 78664

N/A

160 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
160
Building Size:
270,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Construction Status:
Under
Construction/Proposed
Commission Split:
3%
No. Stories:
2
Year Built:
2008
Lot Size:
15.90 AC
APN / Parcel ID:
R475091
Parking Ratio:
1 / 1,000 SF
Listing ID
15624850
Last Updated
over 1 year ago

Description

The Retreat at Town Centre is a private, gated community featuring 160 luxury condominiums (270,000 sf) as well as a richly appointed clubhouse and outdoor pool, patio and hot tub. There are 20 total buildings planned, with each building containing 8 condos. The community is scheduled to be built in two phases.

Completed construction - community clubhouse, swimming pool, patio, hot tub, fitness center, four buildings (32 condo units), curb and gutter paved streets, sidewalks and underground utilities. Units priced from $120 - $185k. To date, 16 units sold.

Ready for construction - three buildings (24 condo units)
Planned - thirteen buildings (104 units)

Each 13,500 sf condominium building contains 8 units (2- one bdrm, 4 - two bdrm and 2 - 3 bdrm)

Projected condo sales revenue - $24.5M; Projected condo construction costs - $12.5M.

MAJOR PRICE REDUCTION! MUST SELL! MAKE OFFER!

Located on 15.9 acres near IH-35 and SH 45 in Round Rock, Texas.

Just a stone's throw from Dell Computer Headquarters and in the heart of Round Rock, The Retreat at Town Centre is the perfect place for today's busy executive wanting a carefree lifestyle. Located on AW Grimes Blvd between Gattis School Road and SH-45 (Louis Henna Blvd), The Retreat is convenient to everywhere you want to be.

Walking distance from the proposed Cedar Ridge High School scheduled for Fall 2010 completion.

Map of 2101 Town Centre Drive, Round Rock, TX 78664 (Williamson County)

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