Virtus Capital Picks Up 270-Unit Cedar Park Rental Community
Virtus Capital has acquired the Caliza, a 270-unit, Class A, garden-style apartment community in the Austin suburb of Cedar Park.
Built in 2020, Caliza features one-, two- and three-bedroom units with private yards and direct access garages. The property features a best-in-class amenity package, including a recently renovated resort-style swimming pool, fitness center and group exercise room, outdoor pavilion with an exterior fireplace and a clubhouse with a catering kitchen.
Situated at 12638 Ridgeline Blvd., the property is within proximity to Anderson Mill, Cypress Mill and Avery Ranch, and is surrounded by The Domain and Dell Technology’s campus. The community provides residents with access throughout the metroplex via Highway 183 and Highway 45. Additionally, Caliza is a short drive from Lake Travis.
A JLL team headed up by Ryan McBride and Robert Arzola worked on behalf of the seller, Internacional Realty.