THE OFFERING

BWE Investment Sales has been exclusively engaged by Provident Realty
Advisors to arrange the placement of Joint Venture equity for the development of parcHAUS, a  soon to be developed luxury Class-A, full-service residential rental community commonly referred to as “Built-for-Rent”.

The program utilizes a unit pod concept of one and two-story attached duplex and detached unit types strategically located to provide each unit with a private fenced yard, while also maximizing the community’s open space. Each unit has a private attached garage, private yard and patio, all included in rent. Pods do not share a common living area wall with the adjacent unit. The communities will include onsite leasing and management staff, maintenance, lawn care and valet trash. Other amenities will include a clubhouse with state-of-the-art fitness center, a resort style swimming pool, pickleball court, and dog park all within a well landscaped park like setting. ParcHAUS provides an attractive rental option that supports both “Renters by Choice” and “Renters by Need”, by offering families and individuals with the opportunity to live within a professionally managed, fully-amenitized and cohesively designed community without the costs and hassles of home ownership. Additional highlights include strong major freeway access, excellent schools, affluent and mature adjacent residential neighborhoods, and charming neighborhood parks.

INVESTMENT SUMMARY

INVESTMENT HIGHLIGHTS

JOBS, JOBS, JOBS
Centrally located between Austin (30 miles away) & San Antonio (50 miles away) Austin, TX ranked as the best-performing job market among the 50 biggest metro areas

RARE PFC STRUCTURE
100% Real Estate Tax Exemption for the length of the lease

AFFLUENT SINGLE-FAMILY MARKET
$400K+ average home values in adjacent neighborhoods

ATTRACTIVE BUILD-FOR-RENT PROGRAM
parcHAUS provides an attractive rental option that supports both “Renters by Choice” and “Renters by Need,” by offering families and individuals with the opportunity to live within a professionally managed, fully-amenitized, and cohesively-designed community without the costs and hassles of homeownership

OUTSTANDING MARKET FUNDAMENTALS

San Marcos rental rates increased by nearly 17% over the past year (Austin Investor Interests, 2Q22) Within the past decade, Texas Innovation Corridor along I-35 has seen major population growth, an increase in new jobs, and economic expansion, due to its position in the Silicon Hills of Austin and San Antonio’s booming biotech industry

POSITIONED FOR GROWTH

The Austin & San Antonio metropolitan area is the home and work location of 4.7 million people, with an in-migration of about 100,000 people annually, which is expected to rise to approximately 6-7 million by 2030 (Greater Austin-San Antonio Corridor Council) Drive by traffic on I-35 reaches more than 220,000 vehicles each day

LOCATION HIGHLIGHTS

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