TR3 Villas Del Sol is a 294-unit, 1982-vintage Class B value-add apartment community in Austin, Texas — one of the fastest-growing multifamily markets in the country. LV5 Capital co-invested in this opportunity, and LV5's $1M investor allocation is now fully subscribed and closed to new commitments.
Villas Del Sol is sponsored and operated by TR3 Capital, an Austin-based firm with 12+ years of experience and 1,000+ doors. LV5 Capital is a co-investment partner and does not solely own or control the property. Jeff Dulmage serves on both the LV5 and TR3 teams. This is a partnership, not sole ownership.
The business plan targets a 7–8% average cash-on-cash return, a 2.1X+ equity multiple, and a 23%+ IRR over the projected hold. These are forward-looking projections, not guarantees, and actual results may differ materially. Real estate investing involves risk, including possible loss of principal.
Austin combines top-tier population and job growth, a diversified employment base across technology, semiconductors, government, and healthcare, no state income tax, and a deep stock of Class B apartments suited to value-add execution. Learn more about Austin, Texas real estate investing and Austin multifamily investing.
This round is fully subscribed and closed to new commitments. Text the word WAITLIST to (419) 302-3940 or contact LV5 Capital to hear first about future LV5 offerings, or browse current offerings.
TR3 Villas Del Sol is a 294-unit Class B apartment community located in Austin, Texas.
TR3 Villas Del Sol has 294 apartment units and was originally built in 1982.
No — not solely. TR3 Villas Del Sol is sponsored and operated by TR3 Capital, an Austin-based firm. LV5 Capital is a co-investment partner, and Jeff Dulmage serves on both the LV5 and TR3 teams. It is a partnership, not sole ownership.
It is a Class B value-add multifamily investment. The business plan focuses on renovations and improved management to grow rents and net operating income over the projected hold period.
The business plan targets a 7–8% average cash-on-cash return, a 2.1X+ equity multiple, and a 23%+ IRR. These are forward-looking projections, not guarantees, and actual results may differ materially.
No. LV5's $1M investor allocation is fully subscribed and closed to new commitments. Text the word WAITLIST to (419) 302-3940 or contact the LV5 Capital team to hear first about future LV5 offerings.
This is not an offer to sell or a solicitation of an offer to buy any security. Any offering is made only to accredited investors through official offering documents.