One of the most prime if not the most prime locations in West Campus Austin Texas located on 25th St and Rio Grande in the University area of West Campus which is right by the University Of Texas, One of the biggest university nationwide which is constantly growing. This area has hardly ever any vacancies due to the constant growth of the University and is perfect for those looking for constant stream and consistent cashflow. Also this is located in University Neighborhood Outlay (UNO) which allows for much more significant heights to be developed at this same location thus there is huge opportunity to develop this and increase the cap rate. Parking requirements are also removed and set back requirements are also removed allowing for more maximizing of the land space to building something bigger and higher and newer. Building is composed of 6 units that are 1 bedroom each and 2 units that are 2 bedrooms each of which are all currently rented for the next 3 years. building is on a corner of two streets with one of the streets (Rio Grande St) being a main street commercial zoning or store fronts is allowed on the ground level Owner finance is available with 30% down
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
