Cerca at The Domain

4 Unit Apartment Building Offered at $1,599,000 in Austin, TX 78758

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,599,000

Property Type
Multifamily
Square Feet
4,576 SF

Listing Contacts

Jonathan Hubbard
Jonathan Hubbard
Verified Profile
  • Property Info

Property Overview

EXTREMELY RARE OPPORTUNITY!! - Welcome to Cerca at The Domain!! -- This fourplex has HUGE townhouse style units and has been renovated from top to bottom! Check out the renovation checklist attached to this listing - everything is brand new! -- Another unique thing about this property is that it has already been "condoized" - which means you can keep it as a fourplex, or sell them off as individual condos in the future. ASK US DETAILS ABOUT THIS PROCESS! -- Each unit has washer/dryer hookups and comes with two parking spaces, and some have PRIVATE BACKYARDS! - THEY CAN ALSO BE LEASED AS SHORT TERM RENTALS! - - This property can rent for $10,000 - $20,000 per month, depending on short or long term leases. ---- YOU WILL NOT FIND ANOTHER OPPORTUNITY LIKE THIS IN AUSTIN RIGHT NOW! Whether it's hanging out at The Domain for fun and entertainment, rubbing elbows with all of the major employers (Facebook, Amazon, Indeed, IBM, Google, VRBO, etc etc), catching an Austin FC match at Q2 Stadium, or walking/biking to nearby breweries, we've got you covered!! If you know this area, then you know it's an incredible chance to own a piece of real estate in a BOOMING zip code that has become the MAJOR TECH HUB OF AUSTIN! --- THE PRO-FORMA ATTACHED TO THIS LISTING IS BASED ON PER UNIT INCOME, NOT PER BUILDING.... SO MULTIPLY THAT NUMBER BY 4 TO GET A PER BUILDING INCOME!!

Property Details

Year Built/Renovated
1983/2023
Stories
2
Lot Size (sq. ft)
11,761 SF
Units
4

Highlights

  • Units in building can also be sold as individual condos in the future. We have sold condos for $425K-$475K per unit
  • These units are short term rental friendly
  • THE PRO-FORMA ATTACHED TO THIS LISTING IS BASED ON PER UNIT INCOME, NOT PER BUILDING.... SO MULTIPLY THAT NUMBER BY 4 TO GET A PER BUILDING INCOME!!

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