Northmarq is pleased to present Vivo Living New Braunfels I & II, a two-property, 215-unit multifamily portfolio in New Braunfels, Texas, to the market. Vivo Living I and Vivo Living II, 140 units and 75 units, respectively, have received full interior, exterior, and common area renovations as each asset was recently converted from hotels to traditional multifamily. Vivo Living New Braunfels I & II offer affordable living options across a variety of well-appointed studio and one-bedroom apartments, appealing to a breadth of tenant demand. Units come with a kitchenette and contemporary finishes for a clean, sleek look. Tenants also enjoy loaded community amenity packages, atypical for assets of similar vintage and size in the region, which include game/arcade rooms, tenant lounges, fitness centers, pools, co-working space, on-site laundry, mail & package rooms, dog parks, BBQ areas, on-site leasing offices, storage units available for rent, and more. Additionally, Vivo Living II is equipped with keyless entry Latch Smart Locks.

Total renovation scope included interior upgrades of flooring, kitchenette, bathrooms, paint, lighting, countertops, and more. Exterior and common-area upgrades include exterior paint, redesigned common areas, entry and leasing office enhancement, installation of storage units, and building improvements.

Located less than 1 mile apart, both assets have direct access to I-35 thus benefitting from ideal highway visibility and are only minutes away from the heart of the historic town of New Braunfels.

The I-35 corridor, a fundamental transportation route, gives Vivo Living I & II a prime location between Texas’ vibrant hubs, Austin and San Antonio. Just a 45-minute drive from Austin and a 30-minute drive from San Antonio, New Braunfels has become a magnet for businesses targeting employment draws from both major markets. Easy access to this key route keeps residents connected and allows for seamless commutes across the region. Vivo Living I & II residents can easily tap into the dynamic opportunities both cities have to offer, making it a strategic choice for those seeking flexible job options as well as lifestyles.

Vivo Living New Braunfels I & II are offered for purchase as a portfolio or individually.