$2,330,000
1207 Southport Drive, Austin, TX
0.37
Acres
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.
Facts & Features
| ListingFeed | abor_vow |
|---|---|
| MLS® # | 7105201 |
| List Price | $2,330,000 |
| Sale Price | $1,952,500 |
| Sale Date | February 21st, 2024 |
| Bathrooms | 0.00 |
| Acres | 0.37 |
| Year Built | 1983 |
| Type | Commercial Sale |
| Sub-Type | Apartment |
| Status | Closed |
Community Information
| Address | 1207 Southport Drive |
|---|---|
| Subdivision | Southridge Sec 06 |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78704 |
Amenities
| Utilities | Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Sewer Available, Water Connected |
|---|---|
| Features | Curbs, Gutter(s) |
| Parking | Common, Outside, Asphalt |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate |
|---|---|
| Heating | Central, Electric |
| Cooling | Central Air, Ceiling Fan(s), Electric |
| Fireplace | No |
Exterior
| Construction | Brick Veneer, Frame, HardiPlank Type |
|---|---|
| Foundation | Slab |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |