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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Value-Add Opportunity - Centrally Located, Under Performing Asset
- Occupancy in the Northeast Submarket is 92% vs Park Plaza’s Occupancy of around 73%
- Low Density, providing Upside With Favorable Zoning for Redevelopment
- Out-of-State Owner Since 2019 With Recent Management Change
- Low Basis – asking only ~ $110K per unit
- Option to Buy Individually or Together with Hidden Gardens (5606 N Lamar Blvd, 78751)
RÉSUMÉ ANALYTIQUE
Park Plaza is being offered together or individually with Hidden Gardens (5606 N Lamar Blvd in Austin, Texas).
Park Plaza consists of 62 units and is located at 829 Park Plaza Dr in Austin, Texas, on a large, low density site just over 3 acres. Community amenities include a swimming pool, on-site laundry, park and playground with BBQ & picnic area, and ample surface parking. Units feature gas stoves, walk-in closets, and vaulted ceilings. Park Plaza is located in North Austin with convenient access to I-35, as well as nearby schools, parks, and employers in the Domain and North East Austin. The property has been well maintained and can continue to provide much needed workforce housing for years to come.
Park Plaza consists of 62 units and is located at 829 Park Plaza Dr in Austin, Texas, on a large, low density site just over 3 acres. Community amenities include a swimming pool, on-site laundry, park and playground with BBQ & picnic area, and ample surface parking. Units feature gas stoves, walk-in closets, and vaulted ceilings. Park Plaza is located in North Austin with convenient access to I-35, as well as nearby schools, parks, and employers in the Domain and North East Austin. The property has been well maintained and can continue to provide much needed workforce housing for years to come.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 1,22 ha |
| Nb de lots | 62 | Surface de l’immeuble | 3 665 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 76% |
| Sous-type de bien | Appartement | Nb d’étages | 2 |
| Style d’appartement | Avec jardin | Année de construction | 1982 |
| Classe d’immeuble | C | Ratio de stationnement | 0,28/1 000 m² |
| Zonage | GR | ||
| Type de vente | Investissement |
| Nb de lots | 62 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 1,22 ha |
| Surface de l’immeuble | 3 665 m² |
| Occupation moyenne | 76% |
| Nb d’étages | 2 |
| Année de construction | 1982 |
| Ratio de stationnement | 0,28/1 000 m² |
| Zonage | GR |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Lave-vaisselle
- Broyeur d’ordures
- Cheminée
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Réfrigérateur
- Cuisinière
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Laverie
- Property Manager sur place
- Grill
- Entretien sur site
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TAXES FONCIÈRES
| Numéro de parcelle | 239727 | Évaluation des aménagements | 4 614 446 € |
| Évaluation du terrain | 811 250 € | Évaluation totale | 5 425 696 € |
TAXES FONCIÈRES
Numéro de parcelle
239727
Évaluation du terrain
811 250 €
Évaluation des aménagements
4 614 446 €
Évaluation totale
5 425 696 €
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Présenté par
Park Plaza Apartments | 829 Park Plz
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