5115 Avenue F

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5115 Avenue F

Austin, TX 78751
Asking Price
$1.20M
Asset Type
Student Housing Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located in the Hyde Park area of Austin
  • Prime opportunity for student housing development and expansion
  • Asset is currently listed for sale at 1,200,000 dollars
  • Property situated near the University of Texas campus
  • High demand for rental units in the local submarket

What's Special

Student housing investors will find strong potential at 5115 Avenue F in the Hyde Park neighborhood of Austin, Texas. This property presents a specific opportunity for development given its location in a highly dense educational corridor near the University of Texas at Austin. The area benefits from consistent demand for off-campus housing options, supported by a robust local economy and a steady influx of students seeking proximity to campus and central transit routes. The site is well-positioned for multifamily expansion or repositioning to better serve the surrounding collegiate demographic. As Austin continues to experience population growth and limited housing inventory, this asset provides an entry point into a competitive submarket known for its academic culture and long-term rental stability. Potential buyers can capitalize on the existing development potential to maximize the utility of the parcel in a neighborhood characterized by its historic charm and urban connectivity.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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