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205 E University Ave
Georgetown, TX 78626
The Georgetonian · Office Property For Sale
Investment Highlights
- This asset is priced well below replacement cost with upside in leasing the remaining vacancy and increasing rental rate
- Easy access to I-35 and I-30
- Two extra large elevators
- Luxury office space with marble and granite finishes in the common areas
- Only 3 blocks from the Georgetown Square and fronts University Avenue
- Value Add Investment Deal
Property Facts
Property Type
Building Size
63,566 SF
Building Class
B
Year Built/Renovated
1972/2008
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
12,619 SF
Slab To Slab
10’
Building FAR
0.92
Lot Size
1.58 AC
Zoning
4-MUDT
Parking
165 Spaces (2.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R042520 | Improvements Assessment | $6,202,769 |
| Land Assessment | $1,397,231 | Total Assessment | $7,600,000 |
Property Taxes
Parcel Number
R042520
Land Assessment
$1,397,231
Improvements Assessment
$6,202,769
Total Assessment
$7,600,000
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