8 UNIT COMPLEX!! --- Here is your chance to own a stabilized 8 unit apartment complex in the "coolest" zip code in Austin!! The current ownership group has put in over $120k in updates and repairs. PLEASE SEE THE ATTACHED DOCUMENTS TO THIS LISTING (RENT ROLL, P/L STATEMENT, CAPEX INFORMATION). 7/8 units have been renovated, please see the capex information to determine the level of renovation each unit has had (Premium or Platinum). There is still some value add opportunity for the next owner -- by raising rents, decreasing expenses, renovating unit #6, and continuing to update the exterior of the building. Seven units are 2bed/1bath, one unit is 1bed/1bath. This asset sits just a few miles from downtown and minutes away from St. Edwards University. You are also within walking distance to all kinds of restaurants, bars, shopping and retail. Not to mention some of your fellow Austin citizens like TESLA, Google, Facebook, Oracle, VRBO, Indeed, etc, etc....
Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Phone Available
Frame, Masonry, Stone Veneer, Wood Siding
Property Listed by: Compass Re Texas, Llc
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 15th, 2021 at 6:16am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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