Description

PLEASE DO NOT SET FOOT ON PROPERTY WITHOUT NOTIFYING LISTING BROKER. Windswept West, built in 1971, is comprised of spacious one bedroom-one bath units (12) and two bedroom-one bath (6) units all equipped with central AC and heat and standard appliances. Each unit is individually metered for electricity and currently the landlord is paying the water utility leaving opportunity to implement a RUBS utility bill back system to add another income stream to the property.

The property lies in an area rich with entertainment and shopping venues and easy access to Highway 71, a major east-west highway running along the south side of Austin. South Austin has always been a magnet for Austinites and as of late the area has become one of the most desired places to live in Austin because of the unique atmosphere and culture. Additionally, many developers and redevelopers have committed to South Austin in building condominium projects and mixed-use developments.

Overall, Windswept West offers an opportunity to acquire a stable asset generating substantial with a realistic strategy to increase rental revenue as the Austin market continues to grow.