$367.65 Per Sq Foot $9,394 est/mo Sourced by Back At You

2411 S 5th St,Austin, TX 78704

Austin TX, 78704

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Value Added Opportunity on a six unit apartment complex in the heart of Bouldin Creek. This six unit complex sits on a .349 acre tract with the engineering reports showing how an additional six units can be added to the tract to maximize the return for an investor. A full copy of the Architectural Feasibility Report can be requested under separate cover. Complex is currently leased with under market rental rates, so there is an upside for immediate increase in cash flow with the potential for value added increases in the future. With this outstanding location just blocks from the SoCo District and in the Bouldin Creek District, the opportunity to convert this complex to Short Term Corporate Rental for maximization of rental exists or to convert to Condominiums for sale of individual units. All facts to be confirmed by the buyer prior to closing.


Listing TypeFor Sale
Days On Site81
Listing Provided ByBerkshire Hathaway TX Realty | Allan Hanson


SQ Feet4,760
Water FrontYes
Property ViewCity Lights, Trees, Woods

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of May 30, 2024 at 4:52:17 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 3 minutes ago
Zip Code78704
Community NameSouthwood Annex
Listing VS Median (in Southwood Annex)
low | high
On Site:
low | high
Sourced by Back At You
Listing Updated: May 22, 2024 at 1:48:17 AM PDT