The overview
The property was developed by W2 Real Estate Partners and is managed by Greystar Real Estate Properties.
The details
Avelyn San Marcos is a mixed-income apartment complex providing market-rate rents and income-based rental units for households earning 60% and 80% of the Austin area Median Family Income.
The complex offers 264 one-, two- and three-bedroom units spanning across nine buildings. Half of those units are income-based, and the remaining units are market rate.
Avelyn San Marcos has an array of amenities including a pool, gym and resident lounge. The apartment complex has a dog park equipped with a dog washing station and a beer garden equipped with grills, hammocks and a fire pit. Units include a washer, dryer and stainless steel appliances.
Notable quote
By providing income-based units, individuals no longer have to meet high income qualifications that are typically forced upon market-rate individuals, Assistant Community Manager Elias Zorano told Community Impact.
"It definitely opens up the doors for people to get into luxury living," Zorano said.
Individuals interested in an income-based unit can visit the Avelyn website to see if they qualify and begin the application process.
- 702 Celebration Way, San Marcos
- www.avelynsanmarcos.com
