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1705 E M. Franklin Ave
Austin, TX 78723
Asking Price
Contact for price
Asset Type
Residential Multifamily
Class
Class B
What's Special
1705 E M. Franklin Ave, Austin, TX 78723 <ul><li>Development-ready residential opportunity</li><li>Prime east Austin location - 0.5 miles from the Mueller Master Community</li><li>Dual street frontage - Frontage on both Deloney St and E M Franklin Ave</li><li>Product flexibility - Site allows for townhomes, condominiums or boutique multifamily</li><li>Creek corridor - Scenic creek bisects site, creating a distinctive natural amenity</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
