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2813 Rio Grande St
Austin, TX 78705 West Campus Austin

$3,250,000 USD

Apartments For Sale  •  7,993 SF

Property Details

• Property Type Apartments
• Total Building Size 7,993 SF
• Lot Size 0.23 AC
• Building Class B
• Year Built 1982
• Cap Rate 6.00 %

65 Transit Score

94 Walk Score

Highlights

2813 Rio Grande Street provides a unique opportunity to acquire a stabilized, student housing asset located within the University of Texas at Austin’s

The asset is currently master-leased to a UT student organization through Summer 2029, generating $288,000 in annual gross rental income, with contrac

The five townhome units feature multi-level floor plans, stainless steel kitchen appliances, in-unit laundry, and underneath parking. The main residen

Cap Rate:

6.00 %

Amenities

• Fenced Lot

Public Transportation

Commuter Rail	Drive	Walk	Distance
Austin (Texas Eagle - Amtrak)	7 min	-	2.8 mi
Airport	Drive	Walk	Distance
Austin-Bergstrom International	27 min	-	13.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	23
Type:	Surface
Included in Rent:	Yes