street mf site: 1.871 ac street at san marcos st austin, tx

900 Congress Ave., Suite L-165, Austin, TX 78701 512/708-0800, Fax 512/233-0071 [email protected] Corazon on 6 th Street MF site: 1.871 ac SEC 6 th Street at San Marcos St Austin, TX Location: SEC east 6 th St at San Marcos St, Austin, TX. Size: A city block (1.871 ac with alley vacated). Seller has an architectural plan for MF over commercial. He is open to selling the entire tract or doing a JV with him being a partner on it all or doing the commercial only. Also, he has some unique financing available at a very low interest rate. It will need to be podium construction. Utilities : Water and wastewater from City of Austin are to the site, but buyer will need to verify capacities. One engineer has indicated that he believes no off sites will be needed. Price: $7M. Entitlements : Zoned VMU. Replat needed. Site advantages: Many nearby jobs - downtown and Capitol Views of downtown Downtown rent rates Walking distance to clubs and bars on 6 th St City plan to remake 5 th St like downtown 2 nd St Pocket park next door (Velasquez) By Saltillo Plaza commuter rail stop Listed by: Kent Taylor 512/708-0800 All information regarding this property is from sources deemed reliable, however no independent investigation has been made of this information and no warranty or representation is made as to the accuracy thereof. This property is submitted subject to errors, omissions, change of price or other conditions. No warranties or representations are made as to any condition that may affect the value or suitability of the property.

Upload: others

Post on 12-Sep-2021

4 views

Category:

Documents

0 download

Report

Download

Embed Size (px):

TRANSCRIPT

Page 1: Street MF site: 1.871 ac Street at San Marcos St Austin, TX

900 Congress Ave., Suite L-165, Austin, TX 78701

512/708-0800, Fax 512/233-0071 [email protected]

Corazon on 6th Street MF site: 1.871 ac SEC 6th Street at San Marcos St

Austin, TX

Location: SEC east 6th St at San Marcos St, Austin, TX.

Size: A city block (1.871 ac with alley vacated). Seller has an architectural plan for MF over commercial. He is open to selling the entire tract or doing a JV with him being a partner on it all or doing the commercial only. Also, he has some unique financing available at a very low interest rate. It will need to be podium construction.

Utilities: Water and wastewater from City of Austin are to the site, but buyer will need to verify capacities. One engineer has indicated that he believes no off sites will be needed.

Price: $7M.

Entitlements: Zoned VMU. Replat needed.

Site advantages:

Many nearby jobs - downtown and Capitol

Views of downtown

Downtown rent rates

Walking distance to clubs and bars on 6th St

City plan to remake 5th St like downtown 2nd St

Pocket park next door (Velasquez)

By Saltillo Plaza commuter rail stop

Listed by: Kent Taylor 512/708-0800 All information regarding this property is from sources deemed reliable, however no independent investigation has been made of this information and no warranty or representation is made as to the accuracy thereof. This property is submitted subject to errors, omissions, change of price or other conditions. No warranties or representations are made as to any condition that may affect the value or suitability of the property.