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Austin, TX 78721
Almost a NINE cap using numbers from last year - using 21 numbers its priced closer to a 10% cap rate. almost $125k in mgmt fees! Self managed investors could make 475-525k per year or 12-13 cap right off the bat! Turnkey! all bedding, furniture, tvs - everything included! Many repeat tenants - this is a real easy, totally turnkey investment - perfect for someone who has never owned multifamily or still a great opportunity for seasoned MF investors. EVEN if you price this out using more conservative long term rents this is priced at a 6 cap - only 2 miles from downtown. best MF investment in Austin hands down. the building and units have been remodeled and kept in great condition. Don't let this opportunity pass you by!
Listed by Rose & Associates Properties
| MLS ID | ACT8065891 | |
| Status | Active | |
| Days Active | 1084 | |
| Est. Tax | $29,624 | |
| Lot Size | 0.3574 | |
| Year Built | 1967 | |
| Total Bedrooms | 0 | |
| 1st Floor Bedrooms | ||
| Full Baths | ||
| Half Baths | ||
| Square Feet | 0 | |
| Price Per SqFt | N/A | |
| Garage Spaces | ||
| Fireplace(s) | ||
| Fireplace Info | ||
| Flooring | Laminate, Tile | |
| Stories | ||
| Pool | No | |
| Courtesy of | Rose & Associates Properties (512) 494-4747 | |
| Subdivision | Johnson Albin | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | Brick Veneer | |
| Foundation | Slab | |
| Fencing | ||
| Elementary School | |
| Middle School | |
| High School |
| Appliances | ||
| Heating | Wall Furnace | |
| Cooling | Ductless, Wall/Window Unit(s) | |
| Exterior Features | ||
| Lot Features | ||
| Community Features | ||
| Patio Features | ||
| Structures | None | |
| Interior Features | ||
| Courtesy of | Rose & Associates Properties(512) 494-4747 | |
| Fencing Features | ||
| Parking Features | Outside | |