Multifamily
Azure Apartments and Townhomes
1212 Westheimer Dr, Austin, TX 78752
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Azure Apartments and Townhomes, a 199-unit, value-add asset in Austin, Texas. The property is located four miles north of Downtown, near the intersection of Interstate 35 and U.S Route 290. Additionally, Azure is one mile from both the Highland mixed-use development and the Mueller transit-oriented development. The property consists of 17 percent townhomes units with a well-appointed unit mix. New ownership benefits from the unique opportunity to complete a comprehensive unit enhancement program on a majority of the units to achieve significant rent premiums.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Value-Add Asset Consisting of 199 Units Built 1967/1973 in Austin, Texas
- Property has 26 Buildings on 7.13 Acres with 41 Townhome-Style Units
- Four Miles North of Downtown and a Mile from High-Profile Mixed-Use Developments: Mueller and Highland
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Azure Apartments and Townhomes, a 199-unit, value-add asset in Austin, Texas. The property is located four miles north of Downtown, near the intersection of Interstate 35 and U.S Route 290. Additionally, Azure is one mile from both the Highland mixed-use development and the Mueller transit-oriented development. The property consists of 17 percent townhomes units with a well-appointed unit mix. New ownership benefits from the unique opportunity to complete a comprehensive unit enhancement program on a majority of the units to achieve significant rent premiums.
Exclusively Listed By
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