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Grant Villa Apartments

Status Active
Address 3706 Goodwin Avenue / Austin, Texas 78721
County Travis
Type Apartments

PROPERTY PROFILE

Parcel Number Lot A Division A
Acreage 3.75
Zoning Multi-Family
Unit Mix (12) 1 bd 1 ba, (24) 2bd 1ba, (25) 3 bd 2 ba, (6) 4 bd 2 ba
Number of units 68

FINANCIAL INFORMATION

Purchase Date 07/22/2005
Purchase Price $2,320,000
Total Cost $2,607,000
Estimated Site Rehab Cost $300,000
Current Occupancy 100
Sales Date Not Sold
Property Status Currently listed

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Property Highlights

Property purchased from a local church experiencing financial difficulties. Property requiring some rehabilitation and new management. Excellent location, in new development zone and close to new hospital being built at the old Austin Airport. Building includes 1,2,3 and 4 bedroom apartments homes. This property is ideal for a condo conversion.

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