822 Fairfield Drive

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822 Fairfield Drive

Austin, TX 78758
Asking Price
$1.40M
Asset Type
Traditional Office Office
Class
Class B

What's Special

50% leased-or owner occupant <p>Heavy traffic-North Lamar Corridor. <span style="color: rgba(51, 51, 51, 1)">One story office complex with many possibilities. Large rooms for conference, education, or divide into smaller offices. Previous use was medical and many rooms are the size of exam rooms, file rooms, etc. There is a reception area with offices at the front. Two large restrooms. A hair salon has been set up in the back of the building at the back entrance. Front parking with easy access to N. Lamar. Off street and st

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

Location & Travel Times