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5020 Manor Rd
Austin, TX 78723
Mueller Crossing · Multifamily Property For Sale
·
62 Units
PROPERTY FACTS
| No. Units | 62 | Lot Size | 2.09 AC |
| Property Type | Multifamily | Building Size | 59,972 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1969/2018 |
| Building Class | B | Parking Ratio | 1.38/1,000 SF |
| Zoning | B1 | ||
| No. Units | 62 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.09 AC |
| Building Size | 59,972 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2018 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | B1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Grill
- Patio
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Cabana
- Pet Play Area
- Sundeck
ABOUT 5020 MANOR RD , AUSTIN, TX 78723
Mueller Gardens is a 62 unit townhome style apartment community. Extensive renovation of the interior, exterior, and overall site is near completion. 20 units have obtained a temporary certificate of occupancy from the City of Austin. Construction is on schedule to complete the remaining 42 units in November 2018. Based on research, this area experienced an average annual rent growth of 6% over the last 10 years. The discounted cash flow analysis indicates a 16.3% IRR after tax based on a 10 year holding period. For more information please contact Nick Nelson at 512-906-6757.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $884.00 | 480 |
| 1+1 | 12 | $1,326 | 850 |
| 2+2 | 41 | $1,511 | 990 - 1,038 |
| 3+2 | 5 | $1,918 | 1,421 |
PROPERTY TAXES
| Parcel Number | 807400 | Improvements Assessment | $7,515,360 |
| Land Assessment | $3,634,640 | Total Assessment | $11,150,000 |
PROPERTY TAXES
