Haven Housing, the multifamily and affordable housing platform of BH Properties, acquired Hays Park Apartments, a 309-unit garden-style multifamily community in Kyle, Texas, one of the fastest-growing submarkets within the greater Austin MSA.
The acquisition follows the firm’s November purchase of the 350-unit The Dalton Apartments north of Austin and advances Haven Housing’s strategy of acquiring well-located communities with strong operational upside. Haven Housing was represented by Walker and Dunlop’s Kevin Dufour, Matt Pohl, Spencer Roy, and Forrest Bass in the transaction. Terms were not disclosed.
Built in 2014 and 2016, Hays Park is located at 828 Bebee Road and comprises 249,282 rentable square feet across a thoughtfully designed, amenity-rich community. At the time of acquisition, the property was approximately 90% occupied, reflecting strong demand fundamentals driven by continued population growth and proximity to major employment centers throughout the Austin corridor.
Situated on approximately 14.9 acres, Hays Park benefits from immediate access to Interstate 35, providing connectivity to downtown Austin, Austin-Bergstrom International Airport, and major employment hubs throughout the region. The property is surrounded by a wide array of retail and daily needs amenities, including H-E-B, Target, and Walmart-anchored centers, as well as healthcare and education institutions that support sustained residential demand.
The community features a mix of one- and two-bedroom floor plans averaging 807 square feet, with a robust amenity offering that includes a resident clubhouse, two resort-style pools, fitness center with yoga studio, business center, and gated access. Select ‘Premium’ units feature enhanced finishes such as stainless-steel appliances, granite countertops, and wood plank flooring. The remaining units provide an immediate value-add opportunity alongside the potential for additional amenity initiatives and enhanced pet-friendly offerings.
