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2200 San Gabriel St
Austin, TX 78705
Casbah Apartments · Multifamily Property For Sale · 15 Units

INVESTMENT HIGHLIGHTS

  • 100% leased through 7/31/21 & 78% lease through 7/31/22
  • Paperwork to convert to condos has been completed and not yet filed
  • Existing rents are low due to covid impact but still yielding $137,000 NOI
  • Property Management Pre-paid til 8/31/22

PROPERTY FACTS

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.29 AC
Building Size 16,300 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1983/2010
Parking Ratio 1.84/1,000 SF
Zoning MF-4, Austin

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Patio
  • Vinyl Flooring

SITE AMENITIES

  • Wi-Fi
  • Bicycle Storage

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 14 - 1,000
2+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112448
Land Assessment
$1,922,250
Improvements Assessment
$1,757,750
Total Assessment
$3,680,000
  • Listing ID: 22714379

  • Date on Market: 4/12/2021

  • Last Updated:

  • Address: 2200 San Gabriel St, Austin, TX 78705

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