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607-609 Elmwood Pl
Austin, TX 78705

$5,950,000 USD

Apartments For Sale • 10,232 SF

Property Details

Property Type Apartments
Total Building Size 10,232 SF
Lot Size 0.32 AC
Building Class C
Year Built 2017
Zoning MF-4-NP

69 Transit Score

76 Walk Score

                
                    Highlights
                
                                Turnkey Class A cashflow property 100% leased and already pre-leased for a year in advance.
                            
                                Oversized rental demand with option to raise rents to $1500 to $1600 per bedroom. 
                            
                                Amazing location walking distance to the University of Texas, Austin.
                            
                                Low carrying costs easy to maintain.

Property Flyers

607-609 Elmwood OM

607 and 609 Elmwood Updated Proposed P&L + ProForma

Amenities

Air Conditioning
Balcony
Cable Ready
Dishwasher
Disposal
Microwave
Washer/Dryer
Heating
Walking/Biking Trails
Ceiling Fans
Eat-in Kitchen
Kitchen
Hardwood Floors
Double Pane Windows
Window Coverings

Public Transportation

Commuter Rail	Drive	Walk	Distance
Austin (Texas Eagle - Amtrak)	8 min	-	2.9 mi
Airport	Drive	Walk	Distance
Austin-Bergstrom International	25 min	-	12.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Covered
Included in Rent:	Yes

Tony Lazarov 512-762-8669 REsavvy, LLC

607-609 Elmwood Pl Austin, TX 78705