Description
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....
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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....
© 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information 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. Data last updated: 2021-03-05T11:25:49.24.