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Anderson Flats 1220 W Anderson Ln 32 Unit Apartment Building For Sale Austin, TX 78757
INVESTMENT HIGHLIGHTS
- EXTENSIVELY RENOVATED ASSET IN NORTH CENTRAL AUSTIN
- WELL-POSITIONED WITH AREA GROWTH AND DEVELOPMENT MOMENTUM
EXECUTIVE SUMMARY
Anderson Flats is a 32-unit multifamily community in the Wooten neighborhood of North Central Austin, positioned near the eastern side of the district with quick access to MoPac, Highway 183, and I-35. Built in 1969, the two-story property offers a balanced mix of one- and two-bedroom units that cater to a diverse tenant base. Located within a pocket of upgraded assets, Anderson Flats benefits from strong rental demand supported by proximity to Downtown, The Domain, and other major employment hubs.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.79 AC |
| No. Units | 32 | Building Size | 24,620 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 3.05/1,000 SF |
| Zoning | GR-MU-CO-NP | ||
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 24,620 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 3.05/1,000 SF |
| Zoning | GR-MU-CO-NP |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Grill
- Package Service
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 620 |
| 2+1 | 8 | - | 780 |
| 2+1 | 4 | - | 1,495 |
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Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 239645 | Improvements Assessment | $2,790,150 |
| Land Assessment | $1,709,850 | Total Assessment | $4,500,000 |
PROPERTY TAXES
Parcel Number
239645
Land Assessment
$1,709,850
Improvements Assessment
$2,790,150
Total Assessment
$4,500,000
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Anderson Flats | 1220 W Anderson Ln
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