$3,750,000 USD
361-944-4747
2813 Rio Grande St
Austin, TX 78705
West Campus Austin
HIGHLIGHTS
- Master lease structure to a campus organization that mitigates exposure to individual tenants
- Sticky tenants – The group moving in August is interested in signing a long-term lease at the property
- Renovated in 2024 – New finishes in the front house
- 26 bed rooms across 6 units and 20 parking spaces
- Opportunity to convert to a hostel
FOR SALE DETAILS
PRICE
$3,750,000 USD
PRICE/SF
$469 USD /SF
# OF UNITS
6
PRICE/UNIT
$625,000
CAP RATE
4.81%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1982
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.23 AC
LAND SF
10,019 SF
ZONING
-
APN/PARCEL ID
208251
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
361-944-4747
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
361-944-4747
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
