2901 Sweeney Ln - Apartments FOR SALE


Austin, TX 78723- Walnut Creek Greenbelt
$1,200,000 USD
512-448-4111
2901 Sweeney Ln, Austin, TX for Sale
$1,200,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2901 Sweeney Ln
Austin, TX 78723
Walnut Creek Greenbelt


OVERVIEW

10-unit multi-family in need of complete rehab located in rapidly improving area. Available for sale is a 10 unit complex consisting of all 1 bed/1 bath Townhome style 2 story units. Bedrooms and bathrooms upstairs and kitchens/living downstairs. Tons of closet space. 10 mins to UT and close to downtown. Price reflects the condition. Again, the property requires a complete rehab, including all major systems and interior renovations. Located in an appreciating area with increasing property values and rental demand. Opportunity for long term hold after renovations, fix and flip, or a potential condo conversion. Sold as-is.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

10

PRICE/UNIT

$120,000

CAP RATE

Request Cap Rate

% LEASED

30%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2901 Sweeney Lane Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,080 SF

ZONING

B1

APN/PARCEL ID

217245

ASK ABOUT THIS PROPERTY

Ryan JamisonKeller Williams Realty - SouthwestMore Info
512-448-4111

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Ryan JamisonKeller Williams Realty - SouthwestMore Info
512-448-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.