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Crystal Olenbush

512-344-6000
  • 3806 Southridge Drive

  • $1,650,000
  • 0.44 Acres Commercial Sale Austin, TX 78704

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....

View More Properties in the 78704 Zip Code.

Essential Information

  • MLS® #8301606
  • Price$1,650,000
  • Bathrooms0.00
  • Acres0.44
  • Year Built1970
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive Under Contract

Community Information

  • Address3806 Southridge Drive
  • SubdivisionSouthridge Sec 02
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78704

Amenities

  • ParkingOpen
  • ViewTrees/Woods

Utilities

Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Phone Available

Interior

  • InteriorCarpet, Tile, Vinyl
  • HeatingCentral
  • CoolingCentral Air

Exterior

  • FoundationSlab

Construction

Frame, Masonry, Stone Veneer, Wood Siding

Additional Information

  • ZoningMF2

Map & Directions

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Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.