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5606 N Lamar Blvd
Austin, TX 78751 Brentwood

Price Upon Request

Apartments For Sale  •  53,440 SF

Property Details

  • Property Type Apartments
  • Total Building Size 53,440 SF
  • Lot Size 2.12 AC
  • Building Class C
  • Year Built 1972
56 Transit Score
65 Walk Score

Highlights

Value-Add Opportunity- Centrally Located, Under Performing Asset
Out-of-State Owner Since 2019 With Recent Management Change
Rent in the Central Submarket are on Average 43% Higher Than Rents at Hidden Gardens
Low Basis – asking only ~ $112K per unit
Low Density, providing Upside With Favorable Zoning for Redevelopment
Option to Buy Individually or Together with Park Plaza Apartments (829 Park Plaza Dr, 78753)

Property Flyers

Amenities

  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Heating
  • Laundry Service
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Maintenance on site
  • Individual Leases Available

Public Transportation

Commuter RailDriveWalkDistance
Austin (Texas Eagle - Amtrak) 12 min - 5.0 mi
Transit/SubwayDriveWalkDistance
Highland Station (550-Metro Rail Red Line - Capital Metro) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Austin-Bergstrom International 27 min - 14.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 108
Type: Surface
Included in Rent: Yes
Daniel Elam 512-343-2700 Muskin | Elam Group
Daniel Elam 512-343-2700 Muskin | Elam Group