4361 S Congress Ave - Apartments CONDO FOR SALE


Austin, TX 78745- East Congress
$425,000 USD
512-731-7489
4361 S Congress Ave, Austin, TX for Sale
$425,000 USD
Apartments CONDO - FOR SALE
1/57
null | Request Cap Rate

4361 S Congress Ave
Austin, TX 78745
East Congress


OVERVIEW

Investment highlights Owner-User Storefront Live/Work Buyer must occupy at closing. Future rental possible via HOA rental permit waitlist. Dual Live / Commercial Zoning Flexible use for office, studio, salon, or light food and beverage, subject to HOA guidelines. Permitted Salon Use City of Austin salon permit previously pulled and paid, supporting continued or similar use. Curated Use Restrictions No bars or nightclubs. Light food and beverage and service-oriented uses allowed. Post-Litigation Stabilization HOA litigation with developer and builders has settled, enabling repairs and amenity restoration. Attractive Basis Opportunity Prior unwarrantable status created value compression; settlement supports pricing normalization. Amenity Offering Rooftop pool (under repair), fitness center, yoga studio, lounge, and dog parks. Scarce Asset Only 10 storefront live/work residences within the building.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Public Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

360,780 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

CS-MU-CO-NP / MF-6-CO-NP

APN/PARCEL ID

885463,885487,885501,885530,885532,885560,885566,885568,885586,885588,885609

ASK ABOUT THIS PROPERTY

Bryan CadyDEN Property GroupMore Info
512-731-7489

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Bryan CadyDEN Property GroupMore Info
512-731-7489

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