Multi-family Apartment
GARDENS AT ANDERSON SQUARE in Travis,AUSTIN, TEXAS
Gardens at Anderson Square is centrally within a 5-mile radius of some of Austin’s most notable employment centers. Residents here are within a 10-minute commute to downtown, the Domain,
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点评：这个小型公寓位于Austin很有潜力的中心位置，有确切的增值潜力，业主已经通过翻新一部分单元实现了租金的大幅度增长。是一个比较稳妥的项目，物业本身也适合长期持有。
CHIC MULTIFAMILY COMMUNITY, $500+ RENT
PREMIUMS ON RENOVATED INTERIORS 63%
Gardens at Anderson Square is a 16-unit
multifamily community directly off Anderson
Lane in north central Austin. Current ownership
has completed interior renovations in 10 units
(63%), which are seeing over $500 in rental
premiums above current rents in remaining
classic units. The property is located directly off
of Anderson Lane on Gault Street. The micro
pocket – home to a number of smaller multifamily
communities – has seen a significant pickup in
activity from private investors executing high
quality improvements to surrounding properties
and taking advantage of the underserved rental
demand in the neighborhood
Property details
Highlights
Year Built：1969
Buildings：1
Stories：2
Total Units ：16
Net Rentable Area：12,896 SF
AverageUnit Size：806 SF
In-Place Rent – Average：$1,475 / $1.80
In-Place Rent - Classic Units：$1,415 / $1.33
In-Place Rent - Renovated Units：$1,509 / $1.87
Occupancy ：87.5% (as of Feb 2024)
SITE DETAILS：
Lot Size ：0.39 Acres / 16,893 SF
Zoning ： MF-4-NP
Tax Parcel Number ：240337
Flood Plain: None
PROPERTY DETAILS
Year Built：1969
Buildings：1
Stories：2
Total Units ：16
Net Rentable Area：12,896 SF
AverageUnit Size：806 SF
In-Place Rent – Average：$1,475 / $1.80
In-Place Rent - Classic Units：$1,415 / $1.33
In-Place Rent - Renovated Units：$1,509 / $1.87
Occupancy ：87.5% (as of Feb 2024)
SITE DETAILS：
Lot Size ：0.39 Acres / 16,893 SF
Zoning ： MF-4-NP
Tax Parcel Number ：240337
Flood Plain: None
