6820 Blue Dawn Trl - Apartments FOR SALE


Austin, TX 78744- Bluff Springs
$4,200,000 USD
512-417-5713
6820 Blue Dawn Trl, Austin, TX for Sale
$4,200,000 USD
Apartments - FOR SALE
1/8
null | 6% Cap Rate

6820 Blue Dawn Trl
Austin, TX 78744
Bluff Springs


HIGHLIGHTS

  • • Leasable Area/Building Area: 10,212 sf (for building 1 and 2 only) • Occupancy: 100%
  • Utilities: Electric, Natural Gas, Sewer, Water
  • Security: Security Fence, Security Gate
  • Two completed buildings, fully leased for immediate cash flow
  • Six additional lots with full plans ready to develop

OVERVIEW

Income Generating Commercial Property Ideal Investment Opportunity in a Gated Community Property Overview This income-generating commercial property spans 2.5 acres within a gated community, offering an excellent investment opportunity. The property is strategically located with easy access to I-35, neighborhood parks, retail, and Downtown Austin. Built Infrastructure • Two 4-unit apartment buildings that are fully occupied by tenants, ensuring immediate cash flow. • Six pre-developed lots, ready for more apartments to be constructed. • An underground water detention pond. • A generator for reliable power. • A mailbox cluster for tenants' convenience. • A 77-space parking lot. Utilities The property is already connected to public utilities, including: • Electric • Natural gas • Sewer • Water Location Benefits The property's prime location offers: • Easy access to I-35. • Proximity to neighborhood parks. • Nearby retail options. • Close distance to Downtown Austin. Investment Potential This property is ideal for investors or developers looking to complete the project while receiving immediate cash flow from the fully occupied apartment buildings. The additional six lots provide ample opportunity for future development, increasing the property's value and income potential. Seize this remarkable chance to invest in a property that promises both immediate returns and long-term growth!

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

8

PRICE/UNIT

$525,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6820 Blue Dawn Trail

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

77

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

R

APN/PARCEL ID

950948

ASK ABOUT THIS PROPERTY

Allan HansonBerkshire Hathaway Home Services Texas RealtyMore Info
512-417-5713

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Allan HansonBerkshire Hathaway Home Services Texas RealtyMore Info
512-417-5713

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