Croslin Court Apartments

Price: Market Pricing

Units: 20

Area: North Central Austin

Built In: 1970

Status: In Escrow

  • Compelling North Central Location less than a mile from the Highland Redevelopment and the new ACC Highland Community College Central Campus
  • Very minimal MF Construction Activity in a 1.5-mile radius
  • Class B/C Properties in the North Central Submarket averaged 95-96% in the 1st Quarter of 2018 (according to Austin Investor Interests)
  • Completing renovation and stabilizing management could increase Rental Income:
    • Current In-Place Rents average $1.08 vs. current Market Rents at the property at $1.18
    • Immediate Rent Comps show $1.38 and the North Central average is $1.62
  • Oversized Townhome Units with 1,022 +/- SF Average
  • All Units Feature Ground Level Entrances & Private Patios
  • Distance to CBD: 6 miles (15 +/- minutes commute by car, 30 minutes by bike)
  • Seller Reserves Right To Accept Preemtive Offers
PROPERTY FLYER
FINANCIALS PACKAGE

300 E. Croslin Street,
Austin, TX 78752