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8/11/25
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Washington-based Weidner Apartment Homes purchased Alden at Cedar Park, a 349-unit, core mid-rise multifamily asset in the fast-growing Cedar Park suburb northwest of Austin, TX. The deal marks Weidner’s first acquisition in the Austin MSA.
Constructed in 2020, The Alden at Cedar Park is located at 801 C-Bar Ranch Trail in Cedar Park. The four-story, wrap-style multifamily community is comprised of one- and two-bedroom floorplans. It was 95% leased at time of sale. Community amenities include a resort-style pool with shaded cabanas, a clubhouse with a resident lounge and cocktail bar, outdoor entertainment areas with grilling stations and a 24-hour fitness center.
The Alden at Cedar Park is located near Austin’s top tech employers – including Dell, Apple, Samsung, Amazon and Meta – as well as major medical developments like Dell Children’s and Texas Children’s Hospitals. The community offers immediate access to premier retail and dining, with 1890 Ranch located just across the street and Cross Creek Market next door. It’s also a 20-minute drive from The Domain, Austin’s leading office, retail and entertainment hub.
Patton Jones and Andrew Dickson with Newmark represented the undisclosed seller in the transaction. Mitch Clarfield and Alec Newman, also with Newmark, secured the debt financing from Fannie Mae on behalf of the buyer.
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