1701 Simond Ave - Apartments CONDO FOR SALE


Austin, TX 78723- Mueller
$1,540,000 USD
512-897-3075
1701 Simond Ave, Austin, TX for Sale
$1,540,000 USD
Apartments CONDO - FOR SALE
1/13
null | Request Cap Rate

1701 Simond Ave
Austin, TX 78723
Mueller


HIGHLIGHTS

  • Unique opportunity to own your own commercial space in Mueller
  • Located in the heart of the Mueller Town Center
  • Immediate proximity to natural amenities and over 20 restaurants
  • On-site garage parking

OVERVIEW

Sayers Real Estate Advisors is pleased to present Parkside at Mueller, a unique opportunity to own ground-floor commercial space in the award-winning Mueller neighborhood. Developed by local developer, Pearlstone Partners, and ATCO, the Property consists of 200 residential condo units (all of which have been sold) above 10 ground-floor commercial units. The property prominently sits at the main entrance to the Mueller neighborhood, which is home to around 15,000 residents. The ground-floor commercial units offer street-level visibility in the town center which sees heavy foot traffic along with direct access to natural amenities and over 20 restaurants. Six of the ten commercial units have been sold and are currently occupied by users such as Corepower Yoga, Parkside Family Vision, The Music Academy of Austin, Alite Laser, dental, and wealth management. The current inventory includes Units 106, 109, and 111 which range in size from 2,260 to 3,473 square feet and are available today in a shell condition. 3/1,000 parking is included in the building’s garage.

FOR SALE DETAILS

PRICE

$1,540,000 USD

PRICE/SF

$449 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Parkside at Mueller

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

454,194 SF

STORIES

6

BUILDING CLASS

A

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

-

APN/PARCEL ID

002001,893419,986695,986696,986699,986702,986703,986704,986707,986708,986709,986712,986713,986714,986718,986719,986720,986722,986723,986725,986726,986727,986728,986729,986730,986734,986736,986740,986741,986742,986744,986747,986748,986749,986750,986755,986758,986760,986762,986763,986764,986767,986768,986769,986771,986772,986774,986775,986778,986779,986781,986783,986785,986787,986790,986791,986792,986793,986794,986796,986797,986798,986799,986800,986802,986803,986804,986805,986806,986807,986809,986810,986811,986812,986814,986818,986822,986825,986828,986830,986832,986838,986839,986840,986841,986842,986844,986845,986846,986848,986849,986850,986851,986852,986854,986855,986859,986861,986864,986865,986868,986869,986876,986879,986882,986884,986886,986887,986888,986889,986891,986892,986893,986895,986897,986899,986900

ASK ABOUT THIS PROPERTY

Jake MaloneSayers Real Estate Advisors, Inc.More Info
512-897-3075

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Jake MaloneSayers Real Estate Advisors, Inc.More Info
512-897-3075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.