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Wooten Plaza 1710 Wooten Park Dr 8 Unit Apartment Building $1,295,000 ($161,875/Unit) Austin, TX 78757
EXECUTIVE SUMMARY
Six of the eight units have been rehabbed, nice property in great location all units 2br/2ba. Quick rundown on current financials. Five units are currently leased, getting three vacant ready.
At 100% occupancy annual rental income $151,000.00
Expenses, $13,692.00-insurance; $7,412.00 trash; $14,614.00-utilities; $27,682.00-property taxes. Total annual expenses $63,400.00
Please note we currently manage this property and have managed/owned for over twenty years.
Owner financing is available to qualified buyer.
Owner financing offered for qualifying buyer.
At 100% occupancy annual rental income $151,000.00
Expenses, $13,692.00-insurance; $7,412.00 trash; $14,614.00-utilities; $27,682.00-property taxes. Total annual expenses $63,400.00
Please note we currently manage this property and have managed/owned for over twenty years.
Owner financing is available to qualified buyer.
Owner financing offered for qualifying buyer.
PROPERTY FACTS
| Price | $1,295,000 | Building Class | C |
| Price Per Unit | $161,875 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 7,252 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Apartment Style | Low-Rise | Parking Ratio | 2.48/1,000 SF |
| Zoning | GR, Austin | ||
| Price | $1,295,000 |
| Price Per Unit | $161,875 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 7,252 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 2.48/1,000 SF |
| Zoning | GR, Austin |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 906 |
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 241444 | Improvements Assessment | $635,400 |
| Land Assessment | $815,000 | Total Assessment | $1,450,400 |
PROPERTY TAXES
Parcel Number
241444
Land Assessment
$815,000
Improvements Assessment
$635,400
Total Assessment
$1,450,400
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Presented by
Webb Property Management
Wooten Plaza | 1710 Wooten Park Dr
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