Cameron Villas 1304 McKie Dr 27 Unit Apartment Building For Sale Austin, TX 78752

Cameron Villas is a pristinely renovated, 27-unit multifamily community located in northeast, central Austin near the intersection of Interstate 35 and Highway 183. Meticulously maintained, the property has undergone significant renovations and upgrades over the past several years. Cameron Villas is fully gated and boasts an attractive unit mix with 74% of units being two-bedroom floor plans. There are ten units at the property currently encumbered by an MDSI LURA, which is set to expire in 2033.
Originally built in 1969, this multifamily property underwent a significant renovation in 2022, combining modern living with enhanced operational efficiency. The interior improvements feature full upgrades across 14 units and partial renovations in 8 units, delivering a fresh and contemporary living experience. Extensive exterior renovations include updated drain and water lines, a modernized electrical system, major HVAC replacements, and the installation of a new boiler system. The property also boasts a new cedar privacy fence, a brand-new laundry facility with 8 coin-operated machines, and the addition of individual shut-off valves for each unit as well as main exterior shut-offs. This blend of aesthetic enhancements and mechanical upgrades positions the property as a turnkey investment with strong operational resilience.
Cameron Villas offers residents excellent connectivity to Austin’s major freeways, including I-35, US-183, and US-290, ensuring seamless commutes across the city. The property also features easy access to public transportation, enhancing convenience for daily commutes. Located less than 15 minutes from downtown Austin, 12 minutes from The Domain, and 10 minutes from The University of Texas, Cameron Villas provides quick access to key employment centers and entertainment hubs. Additionally, the property is conveniently located near the new Mueller redevelopment and surrounded by multiple outdoor parks, further enhancing its appeal.