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Buffalo Springs Condos 3707 Buffalo Springs Trl 20 Unit Apartment Building $2,425,000 ($121,250/Unit) 5.61% Cap Rate Georgetown, TX 78628



Investment Highlights
- The Buffalo Springs Condominiums represent a rare opportunity to acquire a fully upgraded boutique multifamily asset in one of the fastest-growing cit
- Multifamily fundamentals in Georgetown remain exceptionally strong. The submarket has recorded consistent rent growth over the past five years, with e
- Located just 10 minutes from downtown Georgetown and San Gabriel Park, the property sits in a highly desirable pocket of the Austin MSA that continues
- The property offers a clear path to enhanced cash flow through the implementation of a full utility bill-back program, with only a partial program cur
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
| Price | $2,425,000 | Apartment Style | Low-Rise |
| Price Per Unit | $121,250 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.01 AC |
| Cap Rate | 5.61% | Building Size | 25,466 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | ||
| Zoning | RM-2 | ||
| Price | $2,425,000 |
| Price Per Unit | $121,250 |
| Sale Type | Investment |
| Cap Rate | 5.61% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.01 AC |
| Building Size | 25,466 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | RM-2 |
Amenities
Unit Amenities
- Balcony
- Fireplace
- Microwave
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 486 |
| 2+2 | 19 | - | 972 |
1 1
Property Taxes
| Parcel Number | R315526 | Improvements Assessment | $0 |
| Land Assessment | $239,136 | Total Assessment | $239,136 |
Property Taxes
Parcel Number
R315526
Land Assessment
$239,136
Improvements Assessment
$0
Total Assessment
$239,136
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Buffalo Springs Condos | 3707 Buffalo Springs Trl
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