The Oasis is a 34-unit apartment community located in the desirable Hyde Park neighborhood of Austin. Built in 1961, with significant interior and exterior upgrades, the property features a mix of one- and three-bedroom units, offering spacious floor plans that appeal to a broad tenant demographic. Its location provides easy access to the University of Texas, downtown Austin, and various local amenities, making it a convenient choice for residents.
The property boasts a well-maintained courtyard, a swimming pool, and on-site laundry facilities, contributing to tenant satisfaction and retention. With a history of strong occupancy and consistent cash flow, The Oasis presents a stable investment opportunity. Potential exists for rent growth through targeted unit upgrades and operational efficiencies, aligning with the ongoing demand in the central Austin rental market.