904 West Ave, Austin, TX 78703 - Mixed use condo conversion

904 West Ave, Austin, TX 78703 is a 28 unit mixed unit property with the following options for a savvy buyer. The seller is asking $3.7 but depending on the terms, I'd offer between $3.4 and $3.9 mil.

1. Buy and Hold. Proforma rents at 30K per mth.

2. Covert to 26 residential and 3 commercial properties

3. Buy and convert to commercial condos