512-975-2316
4504 Speedway, Austin, TX for Sale
Apartments - FOR SALE
1/7
null | Request Cap Rate

4504 Speedway
Austin, TX 78751


HIGHLIGHTS

  • Hyde Park Boutique Asset
  • Renovated Multifamily Property

OVERVIEW

BOUTIQUE MULTIFAMILY COMMUNITY IN ICONIC CENTRAL AUSTIN NEIGHBORHOOD Hyde Park Forty Fifth is a 23-unit multifamily property located in the heart of Hyde Park. The property was originally built in 1969 and was renovated in 2021. The building offers a classic historic Hyde Park feel with modern chic updates and sits just off of 45th Street and Speedway. This places the asset in a prime location for an already sought-after area. Residents of Hyde Park Forty Fifth have access to a laundry facility on site as well as a gated communal picnic and grilling area. AUSTIN’S HISTORIC HYDE PARK, NORTH UNIVERSITY NEIGHBORHOOD Hyde Park is treasured for its historical and architectural value. The Hyde Park Preservation Plan allows the neighborhood to keep its classic integrity and infrastructure by preserving existing buildings. With median home values in the neighborhood around $1 million and the lack of multifamily products around the area, apartments are very desirable here. Also, considering the proximity to Downtown, the easy accessibility to major highways and streets, and the safe walkability of the area, these neighborhoods will remain desired pockets in Austin. PROXIMITY TO THE TRIANGLE AND THE UNIVERSITY OF TEXAS Located less than half a mile from The Triangle, a high-end urban neighborhood with luxury shopping and restaurants. The property is also less than 8-minutes from The University of Texas and The Drag, which is the university’s entertainment district off of one of Austin’s main traffic corridor’s, Guadalupe Street.

FOR SALE DETAILS

PRICE

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# OF UNITS

23

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hyde Park Forty Fifth

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,969 SF

ZONING

MF4, Austin

APN/PARCEL ID

220076

ASK ABOUT THIS PROPERTY

Grant MobleyGreysteelMore Info
512-975-2316

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Grant MobleyGreysteelMore Info
512-975-2316

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