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Wooten Plaza 1710 Wooten Park Dr 8 Unit Apartment Building $999,950 ($124,994/Unit) Austin, TX 78757
Executive Summary
Prime Northwest Austin location and excellent Investment and income opportunity. All units are 2Br/2Ba units are leased at $1,500.00 each/monthly the tenants are responsible for their electric.
Expenses: $12,981-insurance; $4,560 trash; $14,614-utilities; $27,682-property taxes. As far as management we have owned and managed 1710 for around thirty years. The reason for selling 1710 is retirement and moving out of Austin.
Seller financing is available with 20% down payment, amortization of 20 years at 6% or amortization of 30 years with 10 year balloon and at 6%
There is no prepayment penalty, non assumable and due on sale.
Expenses: $12,981-insurance; $4,560 trash; $14,614-utilities; $27,682-property taxes. As far as management we have owned and managed 1710 for around thirty years. The reason for selling 1710 is retirement and moving out of Austin.
Seller financing is available with 20% down payment, amortization of 20 years at 6% or amortization of 30 years with 10 year balloon and at 6%
There is no prepayment penalty, non assumable and due on sale.
Property Facts
| Price | $999,950 | Building Class | C |
| Price Per Unit | $124,994 | 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 | $999,950 |
| Price Per Unit | $124,994 |
| 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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Contact the Sale Advisor
Wooten Plaza | 1710 Wooten Park Dr