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2 Multifamily Properties | Central Austin 10 Units 10 Sold Together or Separately 10 UNITS 4103 Speedway | Austin, TX 78751 2 MULTIFAMILY PROPERTIES | CENTRAL AUSTIN 10 UNITS 4105 Speedway | Austin, TX 78751 ELLEN MUSKIN DANIEL ELAM VIEW SHOWN BY 512.343.2700 x3 512.343.2700 x4 PROPERTY APPOINTMENT ONLY [email protected] [email protected] WEBSITE: WITH LISTING AGENTS AERIAL VIEW SPEEDWAY STUDIOS Austin (CBD) | 2.0 ± Miles University of Texas | 0.9 ± Miles CENTRAL AUSTIN NEIGHBORHOOD HYDE PARK NEIGHBORHOOD Looking SOUTH INVESTMENT OVERVIEW SPEEDWAY STUDIOS Speedway Studios SALIENT FACTS Located in Austin's Historic Hyde Park Neighborhood Price: Market Pricing # of Units: 20 Total Speedway Studios is truly a unique multifamily investment opportunity in central Austin’s storied Hyde Park neighborhood, # of Buildings: 2 Total / 2 Separate Parcels surrounded by remodeled bungalow style single-family homes and grand, 19th-century houses of the Victorian/Queen Anne style (many with historic designations). Hyde Park’s grid-planned street system is accented by churches, small groceries Years Built: 1972 / 1973 and local eclectic businesses enhancing its very WALKABLE and BIKEABLE community traditions. Total NRSF: 8,064 ± (TCAD) The location of this asset creates an ideal urban living environment for anyone looking to take advantage of Austin’s core location with prime access to many of the city’s medical offices and hospitals, The Triangle mixed-use development, the Land Area: 0.2984 ± ACRES (TCAD) newly developed The Grove mixed-use community, major educational facilities (University of Texas and Austin Community Zoning: MF-4-HD-NCCD-NP College Highland Campus), government institutions (State Capitol and multiple state agencies), as well as vibrant retail and entertainment options. Exterior: Native Stone and Siding Roofs: Flat HVAC: Individual in Each Unit Water Heater: Electric Laundry Room: One On-Site (1W & 1D) Parking: 20 ± Surface Spaces Sold Together or Separately (10+10 units) Within walking distance of Speedway Notable medical facilities within a According to Austin Investor 1.6 miles ± from Speedway Studios Studios is The Triangle, a 22-acre 1-mile ± radius of Speedway Studios Interests 2nd Quarter Trend Report, is the new 75-acre community The urban complex featuring multifamily, include Ascension Seton Medical rents in the Central Submarket Grove. Featuring single-family homes retail, restaurant, and commercial Center, Heart Hospital of Austin, average $1,527 and have increased ($1M+), 325K ± SF of office / retail spaces and a park and jogging trail. and St. David's Medical Center. by 4.13% over the last 24 months. space, and 20 ± acres of greenspace. INVESTMENT OVERVIEW SPEEDWAY STUDIOS INVESTMENT HIGHLIGHTS Æ Popular Central Austin In-Fill Opportunity Æ Historic Hyde Park Neighborhood — average home price = $793,510 or $436 PSF (per Austin MLS) Æ 1.7 ± miles from the recently announced Dell Children’s Specialty Pavilion — a $113M pediatric outpatient facility opening Spring 2021 Property Character Æ Walking Distance to the St. David’s Medical Center, Located on two separate tax parcels (#215780 and #215781) Seton Ascension Hospital, Austin Heart Hospital Speedway Studios has tremendous value-add potential. and all the Related Medical Offices Æ Close to The Triangle Mixed-Use Urban Hub and Speedway Studios includes two double-story, garden-style buildings with 10-units in each (for The Grove Mixed-Use Community a total of 20 studio units), with floorplans averaging 403 SF. Each studio features pass-through kitchens with bars, electric stoves and dishwashers, walk-in closets, individual HVACs, ceiling Æ North of the University of Texas Main Campus fans and built-in bookshelves in living areas, and either a stand alone bathtub or shower. Tenants (Enrollment: 51,832 ± and Faculty/Staff: 23,925 ±) have access to one laundry facility on-site (1W/1D), a community bike rack, multiple entrance/exit points, and surface parking in both front and back of the buildings (via a residential alleyway). Æ Biker’s Paradise (99 Rating) and Very Walkable There is room for a new Owner to continue to add value with enhancements like new appliances, Area (81 Walkability Score) hard surface countertops, upgraded lighting and ceiling fans and the addition of washer/dryer connections for Euro-style combination machines. Æ Easy Access to: MoPac (Loop 1), US 290 East, I-H 35, Guadalupe, Red River, 48th and 45th Streets Both buildings occupy 0.2984 total Acres (or 13,000 ± SF) according to the Travis County Appraisal District records with a MF-4-HD-NCCD-NP zoning classification. INVESTMENT LOCATION SPEEDWAY STUDIOS Ascension Seton Medical Center Heart Hospital of Austin HYDE PARK NEIGHBORHOOD Looking WEST Austin's original medical district surrounding the historic Texas State Hospital is within Speedway Studios is situated in the historic Hyde Park neighborhood in Central Austin 1 ± radius of Speedway Studios. Medical facilities in this area include: Heart Hospital and is only a few short blocks to The Triangle, a 22-acre urban complex featuring retail, Austin, Ascension Seton Medical Center Austin, Women's Health Texas, Austin Sports restaurant, and commercial spaces as well as a park with a jogging trail, water features, Medicine, Medical Park Surgery Center, Ascension Seton Shoal Creek, Austin Neurologi- and weekend outdoor entertainment. In addition to local neighborhood grocery and cal Clinic, Austin Oral and Maxillofacial Surgery, Central Texas Rehabilitation Hospital, convenience stores, a Central Market gourmet grocery store (part of the H-E-B Texas Allergy Partners of Central Texas, and Austin Center for Radiation Oncology. Grocery chain) is within walking distance of Speedway Studios. INVESTMENT LOCATION SPEEDWAY STUDIOS Local Amenities and Attractions First Class Education Opportunities PEASE PARK THE TRIANGLE Pease Park, founded in 1875, is The Triangle is a 22-acre Only 1.6 ± miles from Speedway Studios is a popular 42-acre greenspace in urban complex that includes Highland — a sustainable mixed-use development central Austin. Officially the city's multifamily, retail, restaurant, transforming the former Highland Mall into a new first public park, it's popular for and commercial spaces, as 3.29M ± SF community featuring a public plaza, its yearly outdoor events, trails, well as a park, jogging trail, a common area, ground-floor retail, office and commercial space, and residential space. volleyball and basketball courts. and outdoor entertainment. Anchoring Highland is the new 1.3M ± SF high- tech campus for the Austin Community College (ACC). This campus features the ACCelerator learning lab, VA Resource Center, Bioscience SHOAL CREEK TRAIL MUSEUMS Incubator, and the Texas A&M Chevron Engineering Academy. The 3.9-mile Shoal Creek Hike The Bob Bullock Texas State and Bike Trail runs from 38th St. History Museum, LBJ Library, south to Lady Bird Lake. Having Blanton Museum of Art, recently undergone improvements, Ransom Center, and Elisabet future plans for the trail include a Ney Museum can all be found nine-mile exstension to the north. in the Central Austin area. About 0.9 ± miles to the south of Speedway Studios is The University of Texas main campus. With current enrollment of 51,800 ± students, URBAN GOLF EASY ACCESS U.T. is consistently ranked one of the best public universities in the country, with top ranked The Hancock Golf Course, one of Major thoroughfares North Lamar programs in Business, Engineering, Law, and the oldest golf courses in the state, Boulevard and Guadalupe Street Medicine. is a well-manicured, 9-hole, 35-par run parallel through Central Austin Within the UT Campus is the Medical District, public course, with carries up and and contain popular restaurants, which includes the Dell Ascension Seton Medical down hills over beautiful Waller nightlife activities, and eclectic Center, the Dell Medical School at the University Creek in Central Austin. shops and businesses. of Texas, UT School of Nursing, and Central Health (formerly Breckenridge Hospital). INVESTMENT LOCATION SPEEDWAY STUDIOS Central Austin NOTABLE AREA EMPLOYERS CENTRAL SUBMARKET University of Texas at Austin • U.T. Dell Medical School • Austin Heart Hospital • Ascension Seton Hospital • St. David’s Medical Center • Bailey Square Surgical Center • Dell Children's Medical Center • Ascension Seton Shoal Creek Hospital • Texas State Capitol • various and related Government Agencies and Offices • Texas School for the Blind • TX Dept. of State Health Services • TX Dept. of Public Safety • St. Andrews private school (grades K-8) • Central Market (aka H-E-B's gourmet grocery store) • Central Park Shopping Center • Bank of America Financial Center • mid-sized to large retailers • medical offices • business offices • local neighborhood hotspots Average Central ENTERTAINMENT FOOD / RESTAURANTS NIGHTLIFE Efficiency Rent n Darrell K. Royal Memorial Stadium n Central Market Grocery Store n Draught House Pub & Brewery $1,069 n Elisabet Ney Museum n H-E-B Grocery Store n Workhorse Bar n Harry Ransom Center n Randalls Grocery Store n drink.well n Bass Concert Hall n Mandola's Italian n The Hole in the Wall n LBJ Presidential Library n Maudie's Triangle n Cain & Abel's n Bob Bullock History Museum n Hopdoddy Burger Bar n Crown & Anchor Pub Average Central n Frank Erwin Center n The Parlor n Cactus Cafe Submarket Rent n Blanton Museum n Hyde Park Bar & Grill n Scholz Garten n Paramount Theater n Quack's 43rd Street Bakery n The Cloak Room n Mexic-Arte Museum n Uchiko n 6th Street District $1,527
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