The Cordevalle apartment community is located adjacent to Dell Computer’s headquarters in the heart of Round Rock, Texas. The nearby I-35 provides easy access to Austin while the I-45 and State Highway 130 Tollway make it easy to reach Georgetown to the north, as well as Austin to the south. According to the appraisal, expansion in the Austin MSA continues to be strong, with total employment up by nearly twice the national rate over the past year. Approximately 32,00 jobs were created in 2013. It is expected that the MSA will continue to attract technology firms throughout 2014-2015, with payrolls expected to grow at one of the fastest paces in the nation. Many of the jobs forming are high-paying technology positions, which will attract younger employees seeking a live-work environment. Existing single-family residential inventory is limited, with many homes selling in days with multiple offers. The single-family housing market is expected to remain strong, and the undersupply of housing inventory in the MSA will continue to reduce the number of home-buyers, leaving more renters in the market
This is not an offer to sell securities. An offer to sell the Interests of the DST may be made only pursuant to the Memorandum. The information contained herein is qualified in its entirety by the Memorandum. All potential investors must read the Memorandum in its entirety before investing and no person may invest in the Interests without acknowledging receipt and complete review of the Memorandum. The Offering is being made by means of the Memorandum only to qualified investors who meet minimum accreditation requirements, as well as suitability standards as determined by a qualified broker-dealer.