5420 Middle Fiskville Rd | Austin, TX 78751
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- LoopNet Team
5420 Middle Fiskville Rd
Austin, TX 78751
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- This irreplaceable 16-unit multifamily investment presents a high-growth opportunity with significant redevelopment potential.
- Valuable opportunity to complete the renovation of its classic units, which will enhance their appeal and ultimately increase in-place cash flow.
- Unique real estate opportunity in a highly sought-after infill location with limited available development land.
- A clear rent-versus-own proposition attracts tenants looking for long-term stability and increases overall market appeal.
- Nearly all the houses in North Loop exceed the budget for typical rental profiles, contributing to continuing elevated demand.
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 6,720 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,720 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.39/1,000 SF |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | 400 |
PROPERTY TAXES
| Parcel Number | 225368 | Improvements Assessment | $995,700 |
| Land Assessment | $204,300 | Total Assessment | $1,200,000 |
PROPERTY TAXES
Parcel Number
225368
Land Assessment
$204,300
Improvements Assessment
$995,700
Total Assessment
$1,200,000
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