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5420 Middle Fiskville Rd

16 Unit Apartment Building $1,600,000 ($100,000/Unit) Austin, TX 78751

Apartment Buildings Texas Austin 5420 Middle Fiskville Rd, Austin, TX 78751

Investment Highlights

  • High growth opportunity and significant redevelopment potential
  • Clear rent-versus-own proposition, attracting tenants looking for long-term stability and increasing overall market appeal
  • Irreplaceable real estate
  • Valuable opportunity to complete the renovation of its classic units, which will enhance their appeal and ultimately increase inplace cash flow
  • Nearly all the houses in North Loop exceed the budget for typical rental profiles
  • Unique real estate opportunity in a highly sought-after infill location with limited available development land

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Price $1,600,000 Building Class C
Price Per Unit $100,000 Lot Size 0.23 AC
Sale Type Investment Building Size 5,760 SF
No. Units 16 No. Stories 2
Property Type Multifamily Year Built 1969
Property Subtype Apartment Parking Ratio 1.39/1,000 SF
Apartment Style Low Rise
Price $1,600,000
Price Per Unit $100,000
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.23 AC
Building Size 5,760 SF
No. Stories 2
Year Built 1969
Parking Ratio 1.39/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Range

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - 400

Links

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Walk Score ®
Very Walkable (79)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 225368 Improvements Assessment $1,475,700
Land Assessment $204,300 Total Assessment $1,680,000

PROPERTY TAXES

Parcel Number
225368
Land Assessment
$204,300
Improvements Assessment
$1,475,700
Total Assessment
$1,680,000
(361) 944-4747

  • Listing ID: 33382987

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 5420 Middle Fiskville Rd, Austin, TX 78751

More public record information on 5420 Middle Fiskville Rd, Austin, TX 78751

The Central Multifamily Property at 5420 Middle Fiskville Rd, Austin, TX 78751 is currently available. Contact Matthews Real Estate Investment Services for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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5420 Middle Fiskville Rd
(361) 944-4747 x

5420 Middle Fiskville Rd

Richard Waterhouse

(361) 944-4747

(361) 944-4747

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