Viking Capital announces completion of acquisition of 252 units in Austin

Marks the 27th acquisition in the portfolio

AUSTIN, TX / ACCESSWIRE / June 15, 2024 / Viking Capital, a preeminent private equity firm known for its expertise in multifamily development, is pleased to announce the successful culmination of its 27th acquisition – a highly coveted Sundance villa. This unique 252-unit property is strategically located in the heart of the rapidly growing city of New Braunfels, Texas, in the Texas Innovation Corridor along Interstate 35 between Austin and San Antonio.

Villas at Sundance represents a significant milestone in Viking Capital’s outstanding portfolio of multifamily assets, perfectly aligning with its unwavering commitment to providing exceptional investment opportunities for discerning investors.

About the villas at Sundance:

Villas at Sundance is the premier multifamily investment opportunity in Viking Capital’s highly regarded portfolio of 252 apartments. Strategically located in New Braunfels, recently recognized as the “third fastest growing city in the nation,” Villas at Sundance is benefiting from its strategic location amid exponential growth.

The most important information regarding investment:

This strategic acquisition underscores Viking Capital’s commitment to identifying properties poised for growth and value creation. At a purchase price of $37,500,000, Viking Capital secured this asset at a significant discount, positioning it as a unique investment opportunity.

Portfolio milestone:

Villas at Sundance marks the milestone of Viking Capital’s 27th successful acquisition, contributing to the company’s impressive achievement of over $876 million in assets acquired. This milestone underscores Viking Capital’s unwavering commitment to strategic growth and its ability to continually deliver value to investors.

About the capital of the Vikings:

Viking Capital is a leading private equity firm specializing in multifamily real estate. Its goal is to provide solid returns to its valued investors. More information about Viking Capital and investment opportunities can be found at www.vikingcapllc.com.

Contact info

Ashley Penrod
marketing director
(email protected)
2088599720

SOURCE: The capital of the Vikings

View the original press release on newswire.com.