Portfolio

Montecito - Austin, TX

Montecito is a 268-unit garden-style apartment community that consists of 17 two- and three-story buildings with a mix of one- and two-bedroom apartments. The property underwent a $1.78 million renovation in 2011 that added cherry wood cabinetry, designer wardrobe systems, laminate wood plank flooring and upgraded GE appliances to many units. Many residents enjoy wood burning fireplaces, washer/dryer connections and a private balcony or patio with storage. Community amenities include a swimming pool with waterfall, a fitness center and a newly remodeled clubhouse. Montecito is well located only 5 miles from downtown Austin and the University of Texas, which has a current enrollment of 50,000 students and is the largest employer in the area. Employment growth in Austin is more than twice the national pace and unemployment is well below the national average. Austin continues to rank high on various lists of best places to live, work or open a business, including Forbes’ “Top Ten Big Cities” and “Best Cities for Business and Career.”