Vesper Leased Condo Portfolio - 29 Units 2 Properties Offered at $18,416,270 in Austin, TX

Vesper presents a rare opportunity to acquire a portfolio of 29 luxury condominium residences with 12+ month leases already in place, providing immediate cash flow from day one. Each residence is brand new, with current tenants serving as the first occupants, and is being offered below today's replacement cost.
Completed in 2024, Vesper is a 41-story luxury residential tower in the heart of the Rainey Street District of Downtown Austin. This offering combines stabilized rental income with the long-term appreciation potential of newly delivered luxury condominiums in one of Austin's most desirable urban locations.
Investors may acquire the entire 29-unit portfolio or purchase individual residences to fit their investment objectives. Professional onsite property management is already in place, creating a seamless ownership transition, while buyers retain the flexibility to continue with the existing management team or self-manage the properties.
Units in portfolio:
1201, 1203, 1304, 1404, 1410, 1504, 1508, 1606, 1608, 1704, 1708, 1710, 1901, 1903, 1904, 1908, 2001, 2002, 2104, 2204, 2302, 2304, 2408, 2708, 2710, 2904, 3004, 3104, 3209
Bed/Bath breakdown:
1B/1BA - 19 Units
1B+Den/2BA - 3 Units
2B/2BA - 7 Units
Total SF: 26,758