Crestview Apartments | 7304 Twin Crest Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Crestview Apartments 7304 Twin Crest Dr
14 Unit Apartment Building For Sale Austin, TX 78752
Investment Highlights
- Upgraded Units and Exterior
- Well-Maintained Asset
Executive Summary
Meticulously Maintained Multifamily Asset with Major Upgrades
Crestview Place is a niche multifamily property consisting of 14 units just west of St. Johns and I35 in North Central Austin. Property was originally built in 1972 and has been heavily updated by current ownership. Some of the upgrades include a new TPO Roof, renovated courtyard area, new signage, new exterior lighting, replaced 90-gallon hot water heater, and a renovated laundry room. Ownership has also implemented interior renovations on 13 out of the 14 units. All interiors have been updated with faux wood flooring, stainless steel appliances, modern fixtures, and upgraded kitchens.
Central Location and Accessibility to Major Employers and Entertainment Districts
Crestview Place sits in the Highland and St. John’s neighborhoods in North Central Austin. The property offers excellent access to major roads like I-35, Highway 183 and Highway 290, which allows easy transportation to Downtown, The University of Texas and also The Domain. The property is also less than one mile from the Crestview Station, which is Austin’s CapMetro Rail hybrid rail station and CapMetro Rapid bus transit station. This gives tenants an easy walkability to and from Austin’s city-wide rail/bus transportation system.
Crestview Place is a niche multifamily property consisting of 14 units just west of St. Johns and I35 in North Central Austin. Property was originally built in 1972 and has been heavily updated by current ownership. Some of the upgrades include a new TPO Roof, renovated courtyard area, new signage, new exterior lighting, replaced 90-gallon hot water heater, and a renovated laundry room. Ownership has also implemented interior renovations on 13 out of the 14 units. All interiors have been updated with faux wood flooring, stainless steel appliances, modern fixtures, and upgraded kitchens.
Central Location and Accessibility to Major Employers and Entertainment Districts
Crestview Place sits in the Highland and St. John’s neighborhoods in North Central Austin. The property offers excellent access to major roads like I-35, Highway 183 and Highway 290, which allows easy transportation to Downtown, The University of Texas and also The Domain. The property is also less than one mile from the Crestview Station, which is Austin’s CapMetro Rail hybrid rail station and CapMetro Rapid bus transit station. This gives tenants an easy walkability to and from Austin’s city-wide rail/bus transportation system.
Property Facts
| Sale Type | Investment | Building Size | 11,550 SF |
| No. Units | 14 | Average Occupancy | 93% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1972/2021 |
| Apartment Style | Low Rise | Parking Ratio | 2.08/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.47 AC |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 11,550 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2021 |
| Parking Ratio | 2.08/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Kitchen
- Stainless Steel Appliances
Site Amenities
- Courtyard
- Laundry Facilities
- Trash Pickup - Curbside
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 725 |
| 2+1 | 7 | - | 925 |
1 of 1
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 232675 | Improvements Assessment | $1,466,205 |
| Land Assessment | $709,485 | Total Assessment | $2,175,690 |
PROPERTY TAXES
Parcel Number
232675
Land Assessment
$709,485
Improvements Assessment
$1,466,205
Total Assessment
$2,175,690
zoning
| Zoning Code | MF-3, Austin |
| MF-3, Austin |
-
Grant Mobley -
J.R. Ellis -
Greysteel
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Crestview Apartments | 7304 Twin Crest Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.