IncomePlus Fund

The Goodwin

Austin,

TX

Total Required Equity
$21,140,646
Asset Type
Multifamily
Investment Objective
Development
Projected IRR
13%
Hold Period
5 Years
Investment Date
October 2021

Investment Summary

The Goodwin is a 363-unit wrap community development project in East Austin, TX. This preferred equity deal is in East Austin’s path of growtha submarket that is quickly becoming known as Austin’s creative district. The property is located on Airport Boulevard, providing direct access to Austin Bergstrom Airport, Downtown Austin, and the Tesla Giga Factory. Adjacent to the site is a recently developed 165,000 square-foot creative office complex and is across the street from a proposed 800,000 squarefoot office development, which will further boost demand for housing.  

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