2421 W Slaughter Ln - Multi-Family FOR SALE


Austin, TX 78748- Slaughter Creek
$2,195,000 USD
979-575-1148
2421 W Slaughter Ln, Austin, TX for Sale
$2,195,000 USD
Multi-Family - FOR SALE
1/18
null | 7.38% Cap Rate

2421 W Slaughter Ln
Austin, TX 78748
Slaughter Creek


HIGHLIGHTS

  • Tenant Occupied for $18,000/mo
  • Close Proximity to Downtown Austin
  • No HOA
  • Low Supply, High Demand area - Very few multifamily available for sale
  • Multiple exit strategies, 4plexes can be sold individually

OVERVIEW

100% Occupied, TurnKey 12plex -3 separate fourplexes. Can be bought individually or all together. -10 miles from downtown Austin in high demand area. Very few 4plexes of apartments available for sale. Seller will guarantee 100% occupancy upon change of ownership. 10 units getting $1,500/mo 2 units getting $1,550/mo. New roofs on all buildings July 2026. (architectural shingles with transferrable warranty) Newly painted fascia, soffit, siding, and consistent landscaping. 7 HVACs are ~5 yrs old. 5 other HVACs ~10 yrs old. All water heaters ~10+ yrs old. No leaks, and all appliances working well. No immediate maintenance/repairs needed. Every unit is on separate meters and tenants pay all bills/utilities their own. No HOA. Owner pays lawn care and common area lights. All appliances convey with the sale. (Fridge and kitchen appliances. No W/D on property but W/D connections present on all units) Operating Expenses of $12,000 represents only annual insurance. Property management company can be put in place for 8%. Seller is selling property to move money to larger investment. Seller currently has property under contract.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

12

PRICE/UNIT

$182,917

CAP RATE

7.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cashflow 12 Unit - Central Texas

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

344779

ASK ABOUT THIS PROPERTY

Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

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Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

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