This is a package of 11 lots. 9 lots are zoned MF and 2 lots are zoned CS-MU-V (Commercial with Mixed use and vertical overlays). Merge all lots (via a Unified Development application submitted with plans) and build out a multi-family project. The CS-MU-V zoning allows the investor/developer to use any MF or SF zoning. Currently 10 lots have duplexes and 1 lot has a triplex. They are 100% occupied (month to month) totaling $15,999 per month in Gross rents. This property is located in North Austin. Very close to The Domain (shopping, dining; destination location). Lots of new development nearby. Great market.
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