$2,330,000
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1207 Southport DR Austin, TX 78704
7,498 SqFt
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,498 sqft
Price per Sqft $260
Subdivision Southridge Sec 06
MLS Listing ID 7105201
Sold Date 02/21/24
Originating Board actris
Year Built 1983
Annual Tax Amount $29,581
Tax Year 2021
Lot Size 0.368 Acres
Property Description
Scheduled gross rent is $16,395/month: $164,340/year. 8 unit apartment building. 100% leased. All units completely remodeled and updated within the last 3 years. Stainless steel appliances, granite counters. Wifi enabled thermostats. Vinyl plank flooring in common areas, carpet in bedrooms. All units have washer/dryer connections. All units have fenced patio areas and storage rooms. Pictures are of unit 1 at 1205 Southport; all units are in comparable condition. Six unit apartment building next door at 1205 Southport also for sale. Seller prefers to sell both buildings together.
Location
State TX
County Travis
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Laminate
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, High Speed Internet, Phone Available, Sewer Available, Water Connected
Waterfront No
View None
Accessibility None
Parking Type Asphalt, Common, Outside
Total Parking Spaces 12
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame,HardiPlank Type
New Construction No
Others
Restrictions Zoning
Acceptable Financing Cash, Committed Money, Conventional
Tax Rate 2.17668
Listing Terms Cash, Committed Money, Conventional
Special Listing Condition Standard
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Bought with Team West Real Estate LLC