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    3806 Southridge Dr

    Austin, TX 78704
    • $1,650,000
    • STATUS: Active
    • ID#: 8301606
    UPDATED: 64 min ago
    $1,650,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    8 UNIT COMPLEX!! --- Here is your chance to own a stabilized 8 unit apartment complex in the "coolest" zip code in Austin!! The current ownership group has put in over $120k in updates and repairs. PLEASE SEE THE ATTACHED DOCUMENTS TO THIS LISTING (RENT ROLL, P/L STATEMENT, CAPEX INFORMATION). 7/8 units have been renovated, please see the capex information to determine the level of renovation each unit has had (Premium or Platinum). There is still some value add opportunity for the next owner -- by raising rents, decreasing expenses, renovating unit #6, and continuing to update the exterior of the building. Seven units are 2bed/1bath, one unit is 1bed/1bath. This asset sits just a few miles from downtown and minutes away from St. Edwards University. You are also within walking distance to all kinds of restaurants, bars, shopping and retail. Not to mention some of your fellow Austin citizens like TESLA, Google, Facebook, Oracle, VRBO, Indeed, etc, etc....

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    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-13T17:25:29.527.
    www.getmeoutofthecity.com/homes/113334420
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    3806 Southridge Dr Austin, TX 78704

    • Price: $1,650,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 8301606
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    1970
    Built
    Neighborhood:
    Southridge Sec 02
    County:
    Travis
    Area:
    Austin
    Property Description
    8 UNIT COMPLEX!! --- Here is your chance to own a stabilized 8 unit apartment complex in the "coolest" zip code in Austin!! The current ownership group has put in over $120k in updates and repairs. PLEASE SEE THE ATTACHED DOCUMENTS TO THIS LISTING (RENT ROLL, P/L STATEMENT, CAPEX INFORMATION). 7/8 units have been renovated, please see the capex information to determine the level of renovation each unit has had (Premium or Platinum). There is still some value add opportunity for the next owner -- by raising rents, decreasing expenses, renovating unit #6, and continuing to update the exterior of the building. Seven units are 2bed/1bath, one unit is 1bed/1bath. This asset sits just a few miles from downtown and minutes away from St. Edwards University. You are also within walking distance to all kinds of restaurants, bars, shopping and retail. Not to mention some of your fellow Austin citizens like TESLA, Google, Facebook, Oracle, VRBO, Indeed, etc, etc....
    Exterior Features

    Attached Garage YN No Bays 0 Construction Materials FrameMasonry €“ PartialWood SidingStone Veneer Foundation Details Slab Garage YN No Other Structures None Parking Features Open Road Surface Type Asphalt Stories Total 2 View Trees/Woods Waterfront YN No

    Interior Features

    Building Area Total 6658 Cooling Central Air Flooring CarpetTileVinyl Heating Central

    Property Features

    Accessibility Features None Additional Parcels YN No Building Features AppliancesFixturesWasher Dryer Connections Current Use Multi-Family Estimated Taxes 24773 Horse YN Yes Listing Terms CashConventional New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 23594 Utilities Cable AvailableElectricity AvailableInternet-FiberPhone AvailableSewer AvailableWater Available Water Source Public

    Property listed by Compass Re Texas, Llc.


    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-13T17:25:29.527.
     
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    Austin TX, 78750