AUSTIN, TX – Wildhorn Capital, LLC, a leading multifamily investment firm in Central Texas markets, has successfully completed the acquisition of Avesta Lake Creek, which is now being operated as The Baxter at Westwood. Located in thriving Northwest Austin, The Baxter is a 350-unit asset built in 1983.
Located just off Highway 183 near Westwood High School, the Baxter’s location is perfectly situated to take advantage of the dynamic growth in employment, dining and other lifestyle opportunities seen along the Austin-Cedar Park corridor.
From Managing Partner Andrew Campbell, “The Baxter represents the exact type of asset we are looking for--safe and stable location in a strong market with value-add reposition upside. We are excited about adding this asset to our portfolio and thrilled with the opportunity it has created for our investors. Staying in our backyard and hometown of Austin is always a plus.”
This is Wildhorn’s second acquisition in the Austin area in the last 12 months, and brings the total portfolio to over 1570 units valued at over $175,000,000 in San Antonio and Austin.
ABOUT WILDHORN CAPITAL: Wildhorn Capital is an investment firm that buys and manages value-add apartment complexes in growing major Texas markets, creating wealth for the firm's investors. For more information visit wildhorncap.com