Most 1031 exchanges follow a predictable pattern. Sell an apartment building, buy another apartment building. Sell an office, buy an office. Investors trade one traditional asset for a version of the same thing, mostly because that’s what’s available.
The Code is a different kind of replacement property.
Located in Austin’s Zilker neighborhood, The Code pairs direct real estate ownership with hospitality management run by AvantStay. Each residence is fully furnished and individually owned. Owners can use their unit personally and also opt into a professionally managed rental program for the time they’re not there.
Why investors are looking at The Code for their exchange
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Diversification |
A way to move beyond traditional residential and commercial holdings without leaving real estate. |
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A real, owned asset |
A fully furnished residence in one of Austin’s most in-demand neighborhoods, not a fund or a fractional share. |
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Professional management |
AvantStay handles the hospitality side, so owners aren’t managing guests, bookings, or turnover themselves. |
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Flexibility |
The ownership model supports both personal use and rental income, depending on what an owner needs in a given year. |
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Austin exposure |
Direct real estate exposure to short-term rental demand in a market that continues to grow, without running a hospitality business. |
Who this fits
Investors exchanging out of a traditional asset and looking for a replacement property with:
- More flexibility
- Professional management already in place
- Long-term upside in a market like Austin
Will find The Code worth a closer look.
Ready to see it for yourself?
Schedule a private presentation to view current availability and talk through how The Code fits into your exchange strategy.
Legal: This material is provided for informational purposes only and should not be construed as investment, legal, or tax advice. Prospective purchasers should consult their own financial, legal, tax, and real estate advisors to determine whether ownership at The Code aligns with their individual objectives. As with any 1031 exchange, investors should consult their qualified intermediary, tax advisor, and legal counsel regarding eligibility and exchange requirements.
