The multifamily investment at 2901 Sweeney Lane provides a collection of 10 townhome-style units. A new owner will need to complete a full rehab of the property, including all major systems and interior renovations. This provides significant optionality as a long-term hold after renovations, a fix-and-flip, or a potential condo conversion. The property at 2901 Sweeney Lane was originally constructed in 1972 on a professionally landscaped, 0.23-acre lot with 13 parking stalls. All units at the complex have one bedroom and bathroom upstairs and kitchen/living areas downstairs, with spacious closets and an average unit size of 776 square feet. Located in an appreciating area with increasing property values and rental demand, 2901 Sweeney Lane is positioned for long-term success. The property sits just 10 minutes from Interstate 35, and tenants can reach the University of Texas at Austin in 10 minutes and Downtown Austin in 20 minutes. A population of more than 122,000 lives within 3 miles of the community, and with more than 64% of residents currently renting their home, a new owner will benefit from a stable pipeline of new tenants.