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!