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Wooten Plaza 1710 Wooten Park Dr 8 Unit Apartment Building $1,099,950 ($137,494/Unit) Austin, TX 78757
Executive Summary
Prime Northwest Austin location and excellent Investment and income opportunity. All units are 2BR/2BA. Seven of the 8 units are currently leased.
Expenses: $12,981-insurance; $4,560 trash; $14,614-utilities; $27,682-property taxes. We currently manage this property ourselves.
Current annual expenses are $59,837.00; annual rent revenue with 7 units rented is $132,700.00 and projected annual rent revenue with all 8 units rented is $150,600.00.
Seller financing is available for qualified buyer and is being offered for sale by owner.
Expenses: $12,981-insurance; $4,560 trash; $14,614-utilities; $27,682-property taxes. We currently manage this property ourselves.
Current annual expenses are $59,837.00; annual rent revenue with 7 units rented is $132,700.00 and projected annual rent revenue with all 8 units rented is $150,600.00.
Seller financing is available for qualified buyer and is being offered for sale by owner.
Property Facts
| Price | $1,099,950 | Building Class | C |
| Price Per Unit | $137,494 | 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 | $1,099,950 |
| Price Per Unit | $137,494 |
| 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
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
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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