CEDAR PARK, TX - Weidner Apartment Homes, the 12th largest owner of multifamily housing in the U.S., is proud to announce its first acquisition in the Austin metro with the purchase of The Alden at Cedar Park Apartments in Cedar Park, one of the fastest-growing submarkets in Central Texas.
Built in 2020, the community is a 349-unit, class-A, mid-rise asset spanning 6.64 acres. The Alden at Cedar Park offers an exceptional mix of modern one- and two-bedroom residences averaging 899 square feet. The acquisition marks a strategic milestone for Weidner, furthering its national footprint while tapping into Austin’s dynamic tech-driven economy, expanding job market, and booming population growth.
Located in Cedar Park, a vibrant and affluent suburb of Austin, community residents live within minutes of major employers, such as Dell’s world headquarters, Apple’s new $1 billion campus, Samsung, Amazon, and eBay. Its proximity to top-tier healthcare facilities, including Dell Children’s Hospital and Texas Children’s Hospital, and access to premier retail destinations like 1890 Ranch, Cross Creek Market, and The Parke, made this a compelling investment opportunity.
The Alden at Cedar Park’s apartments feature 10-foot-tall ceilings, oversized windows, gourmet kitchens with quartz countertops and stainless-steel appliances, full-size washer and dryers, and private patios or yards in select units.
The community offers a robust suite of resort-style amenities, including a pool with in-water loungers and shaded cabanas, an outdoor entertainment area with grills and flat-screen TVs, a hammock garden, and a dog park with a wash station. Indoors, residents enjoy access to a stylish clubhouse complete with a cocktail bar, resident lounge, private dining space, and a 24-hour fitness center.
Weidner Apartment Homes is the sole owner and manager of The Alden at Cedar Park Apartments. This investment aligns with the company’s commitment to owning high-quality, thoughtfully designed communities in thriving, high-opportunity markets. Weidner looks forward to becoming part of the Cedar Park community and the greater Austin region.
About Weidner Apartment Homes: Founded by W. Dean Weidner in 1977, Weidner Apartment Homes is a real estate investment and property management company recognized as an efficient provider of quality rental apartment homes and a creative developer of new housing. The company is headquartered in Kirkland, WA, and its portfolio covers 13 U.S. states and four Canadian provinces. Please visit our website at www.weidner.com