303 W 40th St

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303 W 40th St

Austin, TX 78751
Asking Price
Contact for price
Asset Type
Student Housing Multifamily
Class
Class B

What's Special

14 Units | 100% Occupied | Central Austin <ul><li>​Rare Hyde Park / North Campus Offering: 14-unit infill multifamily asset in one of Austin's most established central neighborhoods.</li><li>​Near UT Austin: Approximately 13-14 blocks north of UT's Dean Keeton / north campus corridor.</li><li>​Strong Renter Demand: Positioned near UT Austin's 55,000-student demand base and central Austin employment.</li><li>​Highly Walkable / Bikeable: Walk Score of 79, Transit Score of 60, and Bike Score of 100.</li><li>​Condo Conversion Potential: Tow

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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

Location & Travel Times