Walker & Dunlop Investment Sales (WDIS) has
been exclusively retained to offer the fee simple
interest in Dryfield Apartments & Studios (the
“Property”), a 48 unit low density, garden-style
apartment community featuring two 1970-vintage
buildings on either side of Dryfield Drive in North
Central Austin, TX. Positioned near The Domain
(Austin’s “Second Downtown”), the Property is
proximate to tech heavyweights Amazon, IBM,
Facebook, and Indeed, while supported by over
113,000 employees within three miles.
Residents enjoy the most dynamic leisure and
entertainment choices in the MSA via The Domain,
Gateway, Austin FC Q2 Stadium, Northcross Mall,
and the nearby brewery district, while walking
distance to needs-based retail and local eateries.
Centrally located with direct access to major
thoroughfares Highway 183, I-35, and MoPac
Expressway, the Property is strategically positioned
in a rapidly gentrifying submarket that saw 19%
single family home price appreciation in 2020 and
an average of 12% annual growth over the past
three years.
The Property is being offered on a free and clear
basis.