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Avenue C Hyde Park - Austin , Texas Avenue C Hyde Park - Austin , Texas 2 properties operated together 4 units - 4004 Avenue C 4 Units - 4006 avenue c AWARD WINNING MULTIFAMILY RESTORATION MOLLY PARKS 512.923.0360 [email protected] Investment Overview Avenue C, Hyde Park QUICK FACTS Price: $3,200,000 • # of Units: 8 • # of Buildings: 2 • YOC: 1929, renovated 2019 • Land Area: 0.2733, combined (TCAD) • Zoning: MF4 • Exterior: Wood siding • Roofs: Composition shingle • HVAC: Individual, Gas • Water Heater: Individual, Gas • Laundry Room: Individual, Gas • Parking: 11 • ADA: 2 Units, 2 Parking INVESTMENT HIGHLIGHTS • Fully gutted and restored within historic district • Preservation Austin award 2019 • Awarded AIA Award 2020 • ~5% Increase New Leases/Renewals • ~63% Renewal Rate • New Construction residences (2019) with low maintenance • Individually metered utilities • Fire protection system • Positioned in major medical corridor • Urban commuter options • Walkability Score of 83 • Diverse demographic opportunity MOLLY PARKS 512.923.0360 [email protected] INVESTMENT OVERVIEW Avenue C, Hyde Park Unit mix UNIT FOCUS MOLLY PARKS 512.923.0360 [email protected] Property Character Avenue C, Hyde Park RESIDENCE HIGHLIGHTS Hardwood floors, Concrete floors, Hex-tile floors, Subway tile accents, Solid wood-soft close cabinetry, Quartz counters, Undermount stainless sinks with disposals, Black-matte hardware and fixtures, Extra deep soaking tubs, Wood blinds, Gas 5-burner ranges, Microwave, Dishwasher, Stainless Refrigerator, Washer & Dryers, Pendant and Sconce lighting, Skylights, Ceiling fans, Built-in desk and library shelving, Designer color accents, Low-E efficient windows, 19.5 or 20.5 SEER HVAC, Tankless Water Heaters, ADA Accessible available, Community bike rack MOLLY PARKS 512.923.0360 [email protected] Community Character Avenue C, Hyde Park HYDE PARK HISTORY Located in Hyde Park’s Historical District, Avenue C’s delicate restoration propelled the residences into the 21st century. Providing modern living and efficiency standards in Austin’s urban core without degrading the original character of this charming neighborhood. Platted in 1891, founder, Monroe Martin Shipe envisioned Hyde Park to be a self-sufficient community. To this day, Hyde Park is one of Austin’s most desired neighborhoods. Providing a high walkability rating as well as quick access to major roadways and reliable public transit. Most errands can be completed on foot or bike and most days you'll see neighbors visiting together. MOLLY PARKS 512.923.0360 [email protected] Avenue C, Hyde Park Location Amenities RETAIL-FOOD-DRINK ENTERTAINMENT HEALTH & OTHER SERVICES • HEB Grocery • The Domain, an upscale • Ronald McDonald House • Central Market-HEB Lifestyle Center • St. David’s Medical Center • Freshplus market • Major League Soccer Stadium • Dell Seton Medical Center at • Farmers Market at Mueller • Top Golf The University of Texas • Mongers Fish Market & Kitchen • Mueller Retail Center and • Dell Children's Pavilion • Total Wine and More Lakeside Park • Heart Hospital of Austin • Starbucks • Alamo Drafthouse Theatre • Seton Medical Center • Quacks Bakery, Julios Cafe • The Thinkery, Children’s • Orange Theory Fitness • Juiceland Museum • Hyde Park Gym • Blacks BBQ • AISD Performing Arts Center • 24 Hr Fitness • Hyde Park Bar & Grill • Darryl K Royal Stadium • U.S.P.S • Maudies Tex-Mex • Frank Erwin Center • FedEX Ship/Print • Mandolas Italian Kitchen • Downtown/Eastside Nightlife • Barbershops/Salons • UT’s “THE DRAG” • East Manor Rd • Public Storage • Snooze-AM Eatery • Shipe Park & Pool • Bike rating of 99 • The Triangle urban community • Hancock Golf Course • Walkability rating of 83 MOLLY PARKS 512.923.0360 [email protected] Avenue C, Hyde Park Major Employers • 2 Miles to Dell Children’s Medical Center • 2 Miles to University of Texas Campus • 3 Miles to Texas State Capitol • 4 Miles to Downtown Austin • 5 Mile radius of 4 major medical centers • 10 Miles to The Domain- • Indeed, VRBO, Fidelity, Schwab, Blackbaud • 12 Miles to Apple’s new campus • 12 Miles to Tesla’s new Gigafactory • 12 Miles to Austin Bergstrom International Airport • 14 Miles ot Amazon, Pflugerville fulfillment center • MOLLY PARKS 512.923.0360 [email protected] Avenue C, Hyde Park Area Statistics Population by Age Group Household Income Brackets Average Commute Times Statistics pulled from RPR. Austin Real Space Realty, LLC has prepared this brochure to give summary information to prospective purchasers. ARS makes no warranty or representation about the content of this brochure. Buyer shall verify all content contained heir-in. This brochure is only an invitation to bid and does not constitute an offer of sale. MOLLY PARKS 512.923.0360 [email protected] Avenue C, Hyde Park 4004-4006 Avenue C floorplans, photos & More Property website Austin Real Space 9606 N. Mopac Expwy. Ste 150 Austin, TX 78759 512.923.0360 [email protected] for more information contact MOLLY PARKS, REALTOR .
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