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Central Austin Opportunity
1107, 1009, 1011 & 1013 Romeria Drive, Austin, TX 78757
$895,000
8
5,116 SF
$111,875
Multifamily
Garden/Low-Rise
Investment
100%
1
1961
0.68 AC
-
Find Out More...
Last Verified 10/19/2009
Listing ID 16260653
Highlights
Tile kitchen countertops
Pantries
Hard tile flooring
Ceiling fans
Washer/dryer connections in select units
Description
8 units in 4, one-story, duplex style buildings on nearly ¾ acres of land with SF-3 zoning. Excellent opportunity to acquire a centrally located, income producing asset with good upside in rents. Buy and hold, or re-develop! Shown by appointment only, please do not contact tenants.
Great infill location nestled in the Brentwood neighborhood in central Austin just west of Lamar and north of 2222/Koenig Lane. Only a block from UT/capital Metro bus routes and a mile from the future rail station.
| Description | No. Units | Avg. Mo. Rent | Sq. Ft. |
|---|
| 1007 Romeria | 2 | $1,370 | 1,232 |
| 1009 Romeria | 2 | $1,345 | 1,318 |
| 1011 Romeria | 2 | $1,320 | 1,318 |
| 1013 Romeria | 2 | $1,345 | 1,248 |
Map of 1107, 1009, 1011 & 1013 Romeria Drive, Austin, TX 78757 (Travis County)
Created 6/2/2009
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.