3301 Red River St | Austin, TX 78705
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- LoopNet Team
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 | Building Size | 19,475 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2018 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 0.50 AC |
| 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
| Parcel Number | 208935 | Improvements Assessment | $2,234,650 |
| Land Assessment | $2,164,100 | Total Assessment | $4,398,750 |
PROPERTY TAXES
Parcel Number
208935
Land Assessment
$2,164,100
Improvements Assessment
$2,234,650
Total Assessment
$4,398,750
zoning
| Zoning Code | MF4, Austin (Multifamily) |
| MF4, Austin (Multifamily) |
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