8201 Riverstone Dr - Apartments FOR SALE


Austin, TX 78724
$715,000 USD
512-395-5017
8201 Riverstone Dr, Austin, TX for Sale
$715,000 USD
Apartments - FOR SALE
1/12
null | 7.13% Cap Rate

8201 Riverstone Dr
Austin, TX 78724


HIGHLIGHTS

  • 8201 Riverstone Drive is a four-unit apartment building constructed in 1984 and recently renovated in 2023.
  • A house-hack opportunity as the property is 100% occupied and a stable investment.
  • A premier cash flowing investment opportunity in Austin's Rogers Hill neighborhood.
  • Rental rates range from $1,450-1,495, with room for increase.

OVERVIEW

All City Real Estate, Ltd. Co. is pleased to present the cashflowing multifamily investment opportunity at 8201 Riverstone Drive in Austin, TX, to the market. The property is a recently updates fourplex with each unit consisting of two bedrooms and one bathroom, averaging 780 square feet. It is fully occupied and has a strong demand history. Current rental rates range from $1,450 - 1,495, with room for increase. Units are separately metered for tenant covered utilities. Inquire today for more information.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

4

PRICE/UNIT

$178,750

CAP RATE

7.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Four-Unit Apartment with Cash Flow

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

MF-2

APN/PARCEL ID

499837

ASK ABOUT THIS PROPERTY

Hasan YacoubAll City Real Estate, Ltd. Co.More Info
512-395-5017

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Hasan YacoubAll City Real Estate, Ltd. Co.More Info
512-395-5017

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