8201 Riverstone Dr | Austin, TX 78724
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8201 Riverstone Dr
Austin, TX 78724
Austin Four-Plex w/ Cash-Flow and Renovations · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 8201 Riverstone Drive is home to a recently renovated, cash-flowing four-plex building with all separate meters.
- All units are occupied, presenting a rental income of $5,745; unit rents range from $1,350 to $1,495, while Austin's market rent averages $1,500.
- A prime investment opportunity to acquire a hands-off asset in Austin catering to large rental demand.
- The units are well-maintained. There is parking on-site, bathrooms with tubs/showers, and washers/ dryers in the units.
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 3,120 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1984/2022 |
| Zoning | MF-2 - MF-2 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,120 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2022 |
| Zoning | MF-2 - MF-2 |
PROPERTY TAXES
| Parcel Number | 499837 | Improvements Assessment | $524,077 |
| Land Assessment | $78,666 | Total Assessment | $602,743 |
PROPERTY TAXES
Parcel Number
499837
Land Assessment
$78,666
Improvements Assessment
$524,077
Total Assessment
$602,743
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