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Investment Highlights

  • 8-unit, low-rise multifamily property located in East Austin’s Johnston Terrace submarket, comprising condominium-style units.
  • Fully leased and income-producing at time of marketing.
  • Situated in East Austin, near Govalle Park, with convenient access to Downtown Austin and major employment corridors.
  • Built in 2021, featuring modern construction and Class B quality design.
  • Located within a designated Opportunity Zone, providing potential tax advantages to investors.

Executive Summary

Prime Investment opportunity with Income producing property.

Property Facts

Price $4,365,568 CAD
Price Per Unit $545,696 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.35 AC
Building Size 10,200 SF
Average Occupancy 100%
No. Stories 2
Year Built 2021
Parking Ratio 2.16/1,000 SF
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $2,933 CAD 1,200
2+2 4 $3,070 CAD 1,350
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
939189
Land Assessment
$50,532 CAD
Improvements Assessment
$312,952 CAD
Total Assessment
$363,485 CAD
  • Listing ID: 32536424

  • Date on Market: 2024-07-21

  • Last Updated:

  • Address: 6001 Bolm Rd, Austin, TX 78721

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