Hermosa Village

A Case Study

Welcome to Hermosa Village, a premier Class A community in Leander, just north of Austin, featuring 238 luxurious townhome-style apartments designed to evoke the charm of grand farmhouses. Each apartment boasts custom European cabinets, quartz countertops, expansive private patios, direct-access garages, high-end finishes, ENERGY STAR stainless steel appliances, LED lighting, and eco-friendly products crafted from recycled materials.

Developer | Impact Developers

Architect/Designer | Humphreys & Partners Architects

Builder | Cadence McShane Construction

Landscape Architect/Designer | Place Designers, Inc

Interior Designer | Leslie Fossler Interiors

Green Verifier/Rater | LEED

2022 NAHB First Place Best in American Living Award, Multifamily Developments Up to 3-Stories for Rent

CBC Gold Nugget Grand Award for Best Multi-Family Housing Community under 15 Development Units/Acre

A property with data-driven results.

PREMIUM PRICING

| Rent is 21% higher than market avg

| Highest per unit valuation in market with 16 offers

OCCUPANCY

| Consistently maintains above market occupancy, even during economic downturn. Property managers had to lease model units due to the overwhelming demand

| Six rent increases in 9 months during lease up

SPEED OF LEASING

| Fully leased within the first year of operation

| Fastest lease up in market despite economic tightening

HERMOSA's ACHIEVEMENTS

Hermosa village was selected for both awards out of hundreds of entrants. It won based on its exterior and interior design, effficient land use, site plan creativity, building plans, innovative material application, and ability to meet client needs. Davati achieved this with our signature use of unique and innovative products with a blend of several design and construction methodologies.

PCBC Gold Nugget Grand Award for Best Multi-Family Housing Community under 15 Development Units/Acre

THE DAVATI

DIFFERENCE

Davati is your partner in realizing your design vision on time and at a reasonable price. We work directly with your project team to select the building finishes that will ensure your standards and budget are met. As a build-to-order, factory-direct company with 30+ partnerships world-wide, we can deliver on commitments that no other provider can, including pricing, availability, and on-time delivery.