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Browse More Listings in Multifamily For Sale, Austin, TX or Texas

Multifamily Property For Sale

Terrace Creekside

2303 East Side Drive, Austin, TX 78704

Price:
$5,900,000
No. Units:
47
Building Size:
44,375 SF
Price/Unit:
$125,531.91
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
No. Stories:
2
Lot Size:
1.59 SF
Find Out More...

Last Verified 10/21/2009 Listing ID 16172109

Highlights

Major Renovations Completed -- $1.35mm
One of the Best Locations in Austin (near SoCo)
Future Exit as a Condo Conversion

Close Proximity to St. Edwards University, Retail and CBD
Available All Cash or New Financing

Description

PRICE REDUCTION

Apartment Realty Advisors ( ARA ) has been exclusively retained in connection with the sale of Creekside Terrace ( Property ), a luxurious 47-unit apartment community located in Austin, Texas, less than two miles south of Austin' s Central Business District. You are being extended the opportunity to purchase Creekside Terrace, which was completely renovated in 2007 and comprised of 47 residential units with large one and two bedroom unit types, averaging 944 square feet. Creekside Terrace is located in the shadows of Texas' s state capitol building in one of Austin' s most dynamic areas commonly known as SoCo (SOuth COngress).

For more information, please contact the listing agents.

Unit Mix Information

Description	No. Units	Sq. Ft.
One Bedroom/One Bath	18	685
Two Bedroom/Two Bath	29	1,105

Map of 2303 East Side Drive, Austin, TX 78704 (Travis County)

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Presented by

Apartment Realty Advisors

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Contact Listing Broker

Matt Michelson (512) 342-8100

Andrew Shih (512) 342-8100 Ext: 58

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Created 3/30/2009

Additional Information for 2303 Eastside Drive, Austin, TX 78704

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Terrace Creekside

2303 East Side Drive, Austin, TX, 78704