829 PARK PLAZA DRIVE, AUSTIN, TX 78753
Details
- Units: 62
- Year built: 1982
- Area: North East
- Status: Available
Description
-
Description:
- Value-Add Opportunity Centrally Located, Under Performing Asset
- Out-of-State Owner Since 2019 With Recent Management Change
- Occupancy in the Northeast Submarket is 92% vs Park Plaza’s Occupancy of around 73%
- Low Basis – asking only ~ $110K per unit
- Low Density, providing Upside With Favorable Zoning for Redevelopment
- Option to Buy Together or Individually with Hidden Gardens
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- Price: Market Pricing
- Total Units: 62
- Area: NE ATX
- Status: Available
Strong workforce housing located just of IH-35 and public transit routes. Nearby retail, office, parks, and schools create a true sense of community.
Park Plaza
*Click property name for directions
