Multi-family Apartment

Offering Summary in AUSTIN, TX 78751

Hyde Park Forty Fifth is a 23-unit multifamily property located in the heart of Hyde Park. The property was originally built in 1972 and was renovated in 2021. The building offers a classic h


Content

建华校长推荐理由:

Hyde Park位于Austin 北侧,很好的区,邻近 The Triangle社区和商业区,就算经济有所起伏,这个区也是不用担心出租的问题。

该物业建于1972年,但2021已经做了全面装修,所以状况很不错,而且可以考虑增加Washer/Dryer来增加$50月租金,或者做进一步翻新来增加租金。

物业相对较小,适合一两个人长期持有。

Property details

Status:
Sold
Year built:
1972
Investment option:
LP 被动投资

Highlights

AUSTIN’S HISTORIC HYDE PARK, NORTH UNIVERSITY NEIGHBORHOOD

Hyde Park is treasured for its historical and architectural value. The Hyde Park Preservation Plan allows the neighborhood to keep its classic integrity and infrastructure by preserving existing buildings. With median home values in the neighborhood around $1 million and the lack of multifamily products around the area, apartments are very desirable here. Also, considering the proximity to Downtown, the easy accessibility to major highways and streets, and the safe walkability of the area, these neighborhoods will remain desired pockets in Austin.

PROXIMITY TO THE TRIANGLE AND THE UNIVERSITY OF TEXAS
Located less than half a mile from The Triangle, a high-end urban neighborhood with luxury shopping and restaurants. The property is also less than
8-minutes from The University of Texas and The Drag, which is the university’s entertainment district off of one of Austin’s main traffic corridor’s,
Guadalupe Street.

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