Saturday, March 08, 2008

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

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1 Comments:

Blogger Galmaran said...

See Here or Here

11:09 PM  

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