“Leveraging Growth in East Austin”
Stonelake purchased a well-located 1.98-acre site on E. 7th St. in the heart of the vibrant and trendy East Austin neighborhood. In February 2014 we broke ground on 7East, a 186-unit, 4-story Class A multifamily residential development. The East Austin submarket is flourishing with new restaurants and high quality retail amenities, and continues to attract new residents to the area seeking multifamily housing.
Location: Austin, Texas
Submarket: East Austin
Investment Date: November 2012
Property Type: Multifamily