2411 S 5th ST, Austin TX 78704 (Off Market)

For Sale, USD 1,750,000


2411 S 5th ST, Austin TX 78704,

Property Type : Commercial

Property Style : N/A

Build Size : 4,760 ft² / 442 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

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.
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2411 S 5th ST, Austin TX 78704, United States,Texas,Austin is a 4,760ft² Austin luxury Commercial listed for sale USD 1,750,000. This high end Austin Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Austin or search for luxury properties for sale in Austin.