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908 1/2 OLD KOENIG LN
AUSTIN, TX 78756-1507
Asking Price
$7.00M
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
Prime Central Austin Leasing Opportunity Near UT & Downtown Austin <ul><li>±16,290 SF existing facility situated on ±2.02 acres in one of Austin's most sought-after central submarkets. </li><li>Flexible zoning (GR-MU-CO-ETOD-DBETOD-NP) supports a variety of redevelopment, mixed-use, commercial, and adaptive reuse opportunities. </li><li>Prime infill location minutes from Downtown Austin, The University of Texas, IH-35, US-183, and major employment centers. </li><li>Existing improvements can accommodate church, event venue, wellness center, educational facil
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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168
