Multi-Family•Low-Rise/Garden•For Sale

8412 Garcreek Circle

8412 Garcreek Circle, Austin, Texas 78724

Sale Price $439,000
Sale Type Investment
Zoning MF2
Bldg Type Multi-Tenant
Status Existing
Year Built 1985
Stories 2
Vacancy 100%
Annual Taxes $7,775.14
Gross Bldg 3,968 SqFt
RBA 3,968 SqFt
Land Area .52 Acres
Avail Parking 2/1000SqFt
Project Size 4
Market Austin
Sub-Market East
MLS# 2579523
An excellent multifamily investment property with positive cash flow! This two story townhome style four-plex is 100% occupied with current market rates. Privacy fencing and on-site parking for each unit. Dishwasher, free-standing range, refrigerator, washer and dryer connections, HVAC all included. Classic appearance of hardwood looking tile flooring throughout makes for easy maintenance. Great opportunity to add a multi-family income producer to your investment portfolio! Conveniently located near Lake Walter E Long, Travis County Exposition Center, and LBJ Early College School. From Hwy 183 and Loyola, drive east on Loyola for 1.9 miles to Wentworth Dr. Turn left and drive to the 1st rt (Riverstone). Turn rt and drive to first left which is Garcreek. Turn left. Property is 0.1 mile on the left.
  • -Positive Cash Flow
  • -Four-plex
  • -100% Leased
  • -Current market rates
  • -New Roof 2017 (30 year dimensional shingles)
  • -Exterior paint 2013
  • -New AC condensers 2012 (all four)
  • -Interior remodel - wood stairs, wood look vinyl flooring, new fixtures, paint
1/10/2020 12:16:41 AM 1/10/2020 12:47:44 AM
Martin A. Gibbs, R.Ph.
Associated Broker
KW Commercial | Lake Travis
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