512-975-2316
3501 Speedway, Austin, TX for Sale
Apartments - FOR SALE
1/9
null | Request Cap Rate

3501 Speedway
Austin, TX 78705
North University


HIGHLIGHTS

  • Stable Income-Generating Asset in Hyde Park

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

34

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Oasis

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

MF-4-NCCD-NP

APN/PARCEL ID

212852

ASK ABOUT THIS PROPERTY

Grant MobleyGreysteelMore Info
512-975-2316

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

Grant MobleyGreysteelMore Info
512-975-2316

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