14200 The lakes blvd, Pflugerville, Austin
We acquired Lakewood to establish a presence in the booming Austin market, but consistent with our experience in Class A+ development, sought to be the best-in-class project in the area by expanding and updating the gym with new equipment, redecorating the clubhouse, adding coworking space and an upscale party room, along with upgrading apartment units with granite backsplashes and side-by-side washer/dryers.
Spanning over 16 acres, Lakewood brings resort-style living to Pflugerville, located in the Tech Ridge area of Austin, attracting residents from the many national and international corporate technology offices in the area. Luxury interiors include granite countertops, stainless steel appliances, track lighting, oval garden tubs and spacious walk-in closets. Unique amenities include expansive landscaped green space, an oversized pool with cascading fountain and water volleyball net, a clubroom with kitchen and fireplace, two dog parks and reservable guest suites.
- 336 units
- Acquired 2015
- Fifield Companies, Re-Developer
- Fannie Mae, Permanent Lender
*Fifield Value-Add Investment