The Lola is the multifamily component of Turnbridge’s strategy to convert what was originally the State House apartments into a vibrant, 9.5-acre mixed-use project. Since Turnbridge’s acquisition in November 2017, the entire community has been in the process of being renovated and will feature newly-built outdoor grilling stations, multiple dog parks, a resort-style pool, and a redesigned lounge and fitness center for community gatherings. The Lola’s newly-renovated units feature brand new designer finishes, high-speed Google Fiber, Nest thermostats, and walk-in closets all within spacious floor plans.

Austin, TX: The Lola

Address

1221 South Congress Avenue, Austin, TX

Submarket

South Congress

Size

244 units, 219,000 square feet

Type

Multifamily

Date Acquired

October 2017

Date Sold

Currently owned by Turnbridge