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Pflugerville is experiencing a major boom! The 5-mile radius from our site is expected to have a 15.7% growth rate, roughly 4 times the national average of 3.9%. Average household income is unexpectedly high, at $91,368 (compared to Round Rock at $78,885). The project is located less than 1.8 miles from the new Pflugerville Baylor Scott & White Hospital. With little to no competition in the area, we are well positioned to take advantage of this opportunity.
Our 3rd Party Phase I Market Study came back approved for the site and we are confident in a lease up to stabilization in 18 months.
The property will include 66 Assisted living units and 24 Memory care, for a total of 90 units. A focus of the project will be to deliver a very strong amenity package combined with an activity focused community culture to the seniors at a good value.
Pflugerville is experiencing a major boom! The 5-mile radius from our site is expected to have a 15.7% growth rate, roughly 4 times the national average of 3.9%. Average household income is unexpectedly high, at $91,368 (compared to Round Rock at $78,885). The project is located less than 1.8 miles from the new Pflugerville Baylor Scott & White Hospital. With little to no competition in the area, we are well positioned to take advantage of this opportunity.
Our 3rd Party Phase I Market Study came back approved for the site and we are confident in a lease up to stabilization in 18 months.
The property will include 66 Assisted living units and 24 Memory care, for a total of 90 units. A focus of the project will be to deliver a very strong amenity package combined with an activity focused community culture to the seniors at a good value.