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1305 Lorrain St
Austin, TX 78703
1305 Lorrain Street · Multifamily Property For Sale
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4 Units
Investment Highlights
- Great location in Clarksville off of W 13th and Enfield
- Great re-development opportunity
- 100% leased with very high rent upside.
- Rare 0,46 Acre lot zoned MF-3 with an alley access
- Cover land play with flexible options to unlock large upside potential.
Property Facts
| No. Units | 4 | Building Size | 6,246 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1918/2022 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | MF-3 - MF-3 - Offers great re-development opportunity. | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,246 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1918/2022 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | MF-3 - MF-3 - Offers great re-development opportunity. |
Amenities
Unit Amenities
- Ceiling Fans
- Yard
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+3 | 1 | $10,500 | - |
| 2+1 | 3 | $5,100 | - |
Property Taxes
| Parcel Number | 455153 | Improvements Assessment | $1,180,192 |
| Land Assessment | $1,221,788 | Total Assessment | $2,401,980 |
Property Taxes
Parcel Number
455153
Land Assessment
$1,221,788
Improvements Assessment
$1,180,192
Total Assessment
$2,401,980
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