512-797-1844
5515 Humming Bird Ln, Austin, TX for Sale
Apartments - FOR SALE
1/22
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5515 Humming Bird Ln
Austin, TX 78745
West Congress


HIGHLIGHTS

  • Turnkey income from Day One
  • 95% occupied
  • Set up for the mid-term rental boom and has a professionally managed platform
  • Heart of South Austin's in-demand corridor
  • Modern concrete podium-style building with all-steel framing
  • Quality construction featuring soundproofing, high-end finishes, and 12-foot ceilings

OVERVIEW

*A brand-new Class A boutique condominium asset, fully operational and professionally managed as a mid-term rental community. * The units are 95% occupied, with the majority delivered fully furnished — generating strong in-place cash flow and immediate yield from acquisition. * A rare opportunity to acquire an asset with multiple exit strategies beyond a traditional multifamily hold. An incoming buyer can continue operating as a high-performing mid-term rental community, transition select units to long-term leases, or unlock significant upside through individual condominium sales. * Uniquely positioned to capture the convergence of medium-rental demand — a strategy that consistently outperforms conventional multifamily on both yield and occupancy. The professionally managed platform conveys with the asset, eliminating operational lift for the next owner. * Designed by award-winning architect Mark Odom and constructed by Blackridge Construction. * Modern concrete podium-style building with all-steel framing, engineered with soundproofing, high-end finishes, and soaring 12-foot ceilings. * Sited in the South Congress corridor — minutes from downtown Austin, Austin-Bergstrom International Airport, and the St. Elmo, SOLA, and SOCO entertainment districts. Proximate to major employment hubs, hospitals, and lifestyle drivers that anchor consistent demand from traveling professionals, medical staff, and relocating executives — the core mid-term rental tenant base.

FOR SALE DETAILS

PRICE

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# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hummingbird Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

MU GO NP

APN/PARCEL ID

325153

ASK ABOUT THIS PROPERTY

Olivo CastilloReal AgentMore Info
512-797-1844

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Olivo CastilloReal AgentMore Info
512-797-1844

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