Off-Market Condo at 222 West Ave, Austin, TX 78701

222 West Ave, Austin, TX 78701

Unit - #1907

$585,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,733 per month, based on comparable local listings. Estimated long-term cap rate of -3.2%. Wonderful bright open 1BR/1BA condo on the 19th floor in the Seaholm Residences. Floor-to-ceiling windows w/ spectacular sweeping views of downtown and Lady Bird Lake. Full-sized kitchen & bfst bar w/modern cabinetry, quartz counters and stainless steel Kitchenaid appliances incl. fridge. Gleaming wood floors throughout main living area. Seaholm amenities include 24 hr. concierge, gym, luxury pool w/outdoor seating & grilling areas, dog run & business ctr. One rsvd gated parking space. Night time City views are Amazing!

Property Information
Monthly Rent
$2,733
Monthly HOA
$435
Rental Policy
STR Restrictions
Yearly Taxes
$9207
Bedrooms
1
Bathrooms
1
SQFT
685
Furnished
N/A
Year built
2014
Listing Status
Off Market
MLS
6983718

Long-term Rental Potential
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$32,796

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,733/mo

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