Chesapeake Apartments
Chesapeake Apartments
Austin, TX
Property Address:
12300 Hydemeadow Dr.,
Austin, TX 78750
Acquired in December 2024, the 124-unit Chesapeake Apartments is BPG’s 4th project in Texas and the 3rd in Austin.
The project had been poorly maintained and managed by the previous ownership. The apartments consist primarily of classic and partially renovated units. BPG intends to enhance revenue at the property by renovating the units as well as the property exterior and common areas to achieve rent premiums.