Bankruptcy Sale: US Bankruptcy Court Western District of Texas (Austin) Case No. 23-10737-SMR | In re: Maya J ATX, LLC.
Bid Deadline: October 28 by 5:00 p.m. (CT).
On-Site Inspections: By Appointment Only.
This multifamily development site available for sale is located in the heart of the University of Texas at Austin’s downtown campus. Benefiting from Austin’s rapid population growth, proximity to the school and immediate access to major thoroughfares, this property presents highly desirable multifamily residential or student housing opportunities.
This site is located within the West Campus neighborhood of Austin, Texas, commonly referred to as Wampus. This area is home to many students attending the University of Texas at Austin (UT Austin), a prestigious research university with over 52,000 students and 3,000 teaching faculty.
Nationally and internationally recognized for its academic excellence, UT Austin is considered to be a Public Ivy — a public university that provides an Ivy League collegiate experience at a public school price. The school was ranked 32nd among all universities in the US and ninth among public universities according to US News & World Report’s 2024 rankings. Internationally, UT Austin was ranked 43rd in the 2023 Best Global Universities ranking by US News & World Report, and 43rd in the world by Academic Ranking of World Universities in 2023. UT Austin's enrollment increased by 893 students from Fall 2022 to Fall 2023, according to data from the Texas Higher Education Coordinating Board. The 1.7% change was the sixth-largest increase among public universities in the state during that time, further fueling the demand for student housing.
A Virtual Data Room has been assembled and contains important due diligence documents on the property. To access these documents, bidders must register at HRE’s website. Please contact broker for more information.