Hyde Park Forty Fifth
23 Unit Apartment Building | For Sale | Austin, TX 78751
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Multifamily
- Square Feet
- 8,514 SF
Listing Contacts
Grant Mobley
Verified Profile
J.R. Ellis
Verified Profile
- Property Info
Property Overview
BOUTIQUE MULTIFAMILY COMMUNITY IN ICONIC CENTRAL AUSTIN NEIGHBORHOOD
Hyde Park Forty Fifth is a 23-unit multifamily property located in the heart of Hyde Park. The property was originally built in 1969 and was renovated in 2021. The building offers a classic historic Hyde Park feel with modern chic updates and sits just off of 45th Street and Speedway. This places the asset in a prime location for an already sought-after area. Residents of Hyde Park Forty Fifth have access to a laundry facility on site as well as a gated communal picnic and grilling area.
AUSTIN’S HISTORIC HYDE PARK, NORTH UNIVERSITY NEIGHBORHOOD
Hyde Park is treasured for its historical and architectural value. The Hyde Park Preservation Plan allows the neighborhood to keep its classic integrity and infrastructure by preserving existing buildings. With median home values in the neighborhood around $1 million and the lack of multifamily products around the area, apartments are very desirable here. Also, considering the proximity to Downtown, the easy accessibility to major highways and streets, and the safe walkability of the area, these neighborhoods will remain desired pockets in Austin.
PROXIMITY TO THE TRIANGLE AND THE UNIVERSITY OF TEXAS
Located less than half a mile from The Triangle, a high-end urban neighborhood with luxury shopping and restaurants. The property is also less than 8-minutes from The University of Texas and The Drag, which is the university’s entertainment district off of one of Austin’s main traffic corridor’s, Guadalupe Street.
Hyde Park Forty Fifth is a 23-unit multifamily property located in the heart of Hyde Park. The property was originally built in 1969 and was renovated in 2021. The building offers a classic historic Hyde Park feel with modern chic updates and sits just off of 45th Street and Speedway. This places the asset in a prime location for an already sought-after area. Residents of Hyde Park Forty Fifth have access to a laundry facility on site as well as a gated communal picnic and grilling area.
AUSTIN’S HISTORIC HYDE PARK, NORTH UNIVERSITY NEIGHBORHOOD
Hyde Park is treasured for its historical and architectural value. The Hyde Park Preservation Plan allows the neighborhood to keep its classic integrity and infrastructure by preserving existing buildings. With median home values in the neighborhood around $1 million and the lack of multifamily products around the area, apartments are very desirable here. Also, considering the proximity to Downtown, the easy accessibility to major highways and streets, and the safe walkability of the area, these neighborhoods will remain desired pockets in Austin.
PROXIMITY TO THE TRIANGLE AND THE UNIVERSITY OF TEXAS
Located less than half a mile from The Triangle, a high-end urban neighborhood with luxury shopping and restaurants. The property is also less than 8-minutes from The University of Texas and The Drag, which is the university’s entertainment district off of one of Austin’s main traffic corridor’s, Guadalupe Street.
Property Details
- Class
- C
- Year Built/Renovated
- 1972/2021
- Stories
- 2
- Lot Size (sq. ft)
- 16,117 SF
- Units
- 23
Highlights
- Hyde Park Boutique Asset
- Renovated Multifamily Property
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