$3,250,000 USD
361-944-4747
2813 Rio Grande St
Austin, TX 78705
West Campus Austin
HIGHLIGHTS
- 2813 Rio Grande Street provides a unique opportunity to acquire a stabilized, student housing asset located within the University of Texas at Austin’s
- The asset is currently master-leased to a UT student organization through Summer 2029, generating $288,000 in annual gross rental income, with contrac
- The five townhome units feature multi-level floor plans, stainless steel kitchen appliances, in-unit laundry, and underneath parking. The main residen
FOR SALE DETAILS
PRICE
$3,250,000 USD
PRICE/SF
$407 USD /SF
# OF UNITS
6
PRICE/UNIT
$541,667
CAP RATE
5.72%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1982
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.23 AC
LAND SF
10,019 SF
ZONING
-
APN/PARCEL ID
208251
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
361-944-4747
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
361-944-4747
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
