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5210 Joe Sayers Ave
Austin, TX 78756
6% CAP: $200k Drop - 6plex in Central ATX · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • $200k Price Drop
  • Multiple Exit Strategies
  • 6% CAP
  • $800k As-Is Appraisal + $100k+ Renovation = $900k+ Value
  • Huge Appreciation Play in one of Austin's Hottest Zip Codes

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.25 AC
Building Size 3,684 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1971/2019
Parking Ratio 2.71/1,000 SF
Zoning MF-2 - Multi-Family

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $1,225 828
1+1 3 $1,013 626
Studios 1 $950.00 626

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
226341
Land Assessment
$386,400
Improvements Assessment
$733,600
Total Assessment
$1,120,000
  • Listing ID: 20524103

  • Date on Market: 8/5/2020

  • Last Updated:

  • Address: 5210 Joe Sayers Ave, Austin, TX 78756

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