Viking Capital Acquires 252-Unit Multifamily Property in Texas Corridor

Villas at Sundance ● Photo Credit: Viking Capital Investments LLC

AUSTIN, Texas, June 15, 2024 (VSNewsNetwork.com) - Viking Capital has announced the acquisition of the Villas at Sundance, a 252-unit multifamily residential complex in New Braunfels, Texas. The property, located strategically between Austin and San Antonio, marks the firm's 27th acquisition and continues its expansion in the rapidly growing region.

Villas at Sundance is positioned in the Texas Innovation Corridor, an area noted for significant growth and economic development. The city of New Braunfels has been recognized as one of the fastest-growing cities in the United States, making this acquisition a key part of Viking Capital's strategy to invest in high-growth markets.

The acquisition was finalized for a purchase price of $37,500,000, which Viking Capital reports as a substantial discount, highlighting the property as a valuable investment opportunity. This transaction aligns with the firm's ongoing efforts to expand its portfolio and provide robust investment opportunities for its investors.

With this latest acquisition, Viking Capital now manages assets totaling over $876 million.

For more information about Viking Capital and its investment opportunities, visit www.vikingcapllc.com.

Source: Viking Capital via Newswire