4314 Gillis St Austin, TX 78745
Apartment
MLS #: 6942708
Courtesy Of eXp Realty, LLC
Property InformationDescription
Incredible location at an incredible rate! Assumable loan thru 2033 with approx. $1m balance at 3.57%. Improved occupancy and improved NOI month over month, this investment presents a rare opportunity to acquire a 24-unit multifamily community in the highly sought-after 78745 submarket of South Austin. The property delivers immediate in-place income with clear avenues to further drive revenue through operational improvements and strategic repositioning. An assumable loan option provides incoming ownership with financial flexibility and favorable debt terms, lowering the barrier to entry and enhancing returns. Located in one of Austin's fastest-growing corridors, 78745 benefits from strong population growth, robust new development, and a thriving mix of residential, retail, and entertainment uses-making it a proven destination for both renters and investors.
Features
- Age: 31-40 Years Old
- Amenities: Cable Ready
- Amenities: Security System
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: HardiPlank Type
- Floor Covering: Vinyl
- Floor Covering: Tile
- Legal Description: LOT 2A&1A LESS E5 FT FRITTS ADDN
- MLSID: 6942708
- Parking Spaces: 26
MAP & DIRECTIONS
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