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3301 Red River St
Austin, TX 78705
Red River Apartments · Multifamily Property For Sale · 30 Units

INVESTMENT HIGHLIGHTS

  • Core multifamily investment opportunity in Austin, TX
  • Strong operating history
  • Extensive property-wide renovations in 2017-2022
  • Irreplaceable infill location near The University of Texas
  • Below market on in-place rents, significant value creation through bringing rents to market, and additional in-unit amenity enhancement

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.50 AC
Building Size 19,475 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1963/2018
Parking Ratio 1.49/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Ceiling Fans
  • Stainless Steel Appliances
  • Walk-In Closets
  • Island Kitchen
  • Patio

SITE AMENITIES

  • Courtyard
  • Laundry Facilities
  • Security System
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 30 - 650

PROPERTY TAXES

ZONING

Zoning Code MF4, Austin (Multifamily)
  • Listing ID: 26578201

  • Date on Market: 9/7/2022

  • Last Updated:

  • Address: 3301 Red River St, Austin, TX 78705