5606 N LAMAR BLVD, AUSTIN, TX 78751
Details
- Units: 71
- Year built: 1972
- Area: North Central
- Status: Available
Description
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Description:
- Value-Add Opportunity Centrally Located, Under Performing Asset
- Out-of-State Owner Since 2019 With Recent Management Change
- Rent in the Central Submarket are on Average 43% Higher Than Rents at Hidden Gardens
- Low Basis – asking only ~ $110K per unit
- Low Density, providing Upside With Favorable Zoning for Redevelopment
- Option to Buy Together or Individually with Park Plaza.
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- Price: Market Pricing
- Total Units: 71
- Area: NC ATX
- Status: Available
Infill location located of major corridors (Lamar and 2222). Heavy redevelopment in surrounding area and desirable schools within walking distance.
Hidden Gardens
*Click property name for directions
