3806 Southridge Drive, Austin

$1,650,000

0 Baths
.44 Acres

8 UNIT COMPLEX!! --- Here is your chance to own a stabilized 8 unit apartment complex in the "coolest" zip code in Austin!! The current ownership group has put in over $120k in updates and repairs. PLEASE SEE THE ATTACHED DOCUMENTS TO THIS LISTING (RENT ROLL, P/L STATEMENT, CAPEX INFORMATION). 7/8 units have been renovated, please see the capex information to determine the level of renovation each unit has had (Premium or Platinum). There is still some value add opportunity for the next owner -- by raising rents, decreasing expenses, renovating unit #6, and continuing to update the exterior of the building. Seven units are 2bed/1bath, one unit is 1bed/1bath. This asset sits just a few miles from downtown and minutes away from St. Edwards University. You are also within walking distance to all kinds of restaurants, bars, shopping and retail. Not to mention some of your fellow Austin citizens like TESLA, Google, Facebook, Oracle, VRBO, Indeed, etc, etc....

3806 Southridge Drive is a commercial property in Southridge Sec 02, Austin, TX. Built in 1970, 3806 Southridge Drive is currently priced at $1,650,000. 3806 Southridge Drive comes with Carpet, Carpet and Carpet
Essential Information
MLS® #8301606
Price$1,650,000
Bathrooms0.00
Acres0.44
Year Built1970
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address3806 Southridge Drive
SubdivisionSouthridge Sec 02
CityAustin
CountyTravis
StateTX
Zip Code78704
Amenities
ParkingOpen
ViewTrees/Woods
Utilities

Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Interior
InteriorCarpet, Tile, Vinyl
HeatingCentral
Exterior
FoundationSlab
Construction

Frame, Masonry, Stone Veneer, Wood Siding

Additional Information
ZoningMF2
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

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Property Listed by: Compass RE Texas, LLC

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from March 2nd, 2021 at 12:47am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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