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4005 A/B Clawson Rd - Clawson Condo's 3,531 SF Specialty Building Offered at $1,399,000 at a 4.50% Cap Rate in Austin, TX 78704
EXECUTIVE SUMMARY
Duplex built in 2017 that's fully leased. Unit A expires 12/31/2025 leased for $3,700 and Unit B expires 5/31/2024 leased for $3,750=$7,450/M. Tenants in unit B would love to renew or you could owner-occupy. The duplex is also in a condo regime so the units can be sold separately. Owner will offer a rate buy down or owner financing. Terms negotiable. For owner financing, the borrower will need to show the same qualifications as a conventional loan. Proposed terms are 6.5% interest rate, 20%+ down, 30 year amort, 2-3 year balloon. Both units have an open floor plan with beautiful finishes and large backyards. Showings will only be conducted during the option period.
PROPERTY FACTS
| Price | $1,399,000 | Property Subtype | Residential Income |
| Price Per SF | $396.21 | Building Class | B |
| Sale Type | Investment or Owner User | Lot Size | 0.22 AC |
| Cap Rate | 4.50% | Building Size | 3,531 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2017 |
| Price | $1,399,000 |
| Price Per SF | $396.21 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.50% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 3,531 SF |
| No. Stories | 2 |
| Year Built | 2017 |
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Bike Score®
Very Bikeable (75)
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4005 A/B Clawson Rd - Clawson Condo's
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