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1009 E 16th St Immeuble residentiel 7 lots 1 119 794 € (159 971 €/Lot) Austin, TX 78702
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Strong Rental Demand - Supported by proximity to UT, East Austin, Downtown and other employment centers
- Affordable Rents - Well below the Austin metro average
- Prime East Austin Location - E. 16th & Navasota, walkable to Dell Medical School, the Capitol, Moody Center, and East Austin dining and entertainment
- LR-MU-NP - This is Limited Retail zoning combined with Mixed Use overlay
- Austin Beginning to Rebound - Multifamily constructions starts at 10 year low. Austin boasts the lowest Rent to Income Ratio in the country (18%)
Résumé analytique
Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of Inner East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. We have the original blueprints in hand!
From a design and architectural perspective, 1009 East 16th Street is a distinctive example of a mid-1980s multi-level infill residential design. It features a bold, three-story vertical massing with a prominent front-facing gabled roofline. On the top floor (the third level), the design features loft-style bedrooms creat-ing an airy and spacious feel.
1009 E 16th St represents a compelling opportunity for investors and developers to secure a foothold in one of Austin’s top-performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot’s proximity to downtown and views make it an attractive immediate or long-term redevelopment option.
From a design and architectural perspective, 1009 East 16th Street is a distinctive example of a mid-1980s multi-level infill residential design. It features a bold, three-story vertical massing with a prominent front-facing gabled roofline. On the top floor (the third level), the design features loft-style bedrooms creat-ing an airy and spacious feel.
1009 E 16th St represents a compelling opportunity for investors and developers to secure a foothold in one of Austin’s top-performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot’s proximity to downtown and views make it an attractive immediate or long-term redevelopment option.
Informations sur l’immeuble
| Prix | 1 119 794 € | Style d’appartement | De faible hauteur |
| Prix par lot | 159 971 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,06 ha |
| Condition de vente | Projet de requalification | Surface de l’immeuble | 520 m² |
| Nb de lots | 7 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction | 1985 |
| Sous-type de bien | Appartement |
| Prix | 1 119 794 € |
| Prix par lot | 159 971 € |
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 7 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,06 ha |
| Surface de l’immeuble | 520 m² |
| Nb d’étages | 3 |
| Année de construction | 1985 |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 7 | - | 38 |
1 1
Très praticable à pied
80/100
Très bien adapté aux voitures
80/100
Transports en commun relativement accessibles
50/100
Moyennement praticable en vélo
60/100
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1009 E 16th St
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