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Avenue C Hyde Park - Austin , Texas MOLLY PARKS 512.923.0360 [email protected] AWARD WINNING MULTIFAMILY RESTORATION 2 properties operated together 4 units - 4004 Avenue C 4 Units - 4006 avenue c

Avenue C-Hyde Park - LoopNet · 2020. 11. 17. · Avenue C, Hyde Park Located in Hyde Park’s Historical District, Avenue C’s delicate restoration propelled the residences into

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  •  Avenue C Hyde Park  -  Austin , Texas

    MOLLY PARKS512.923.0360

    [email protected]

    AWARD WINNING MULTIFAMILY RESTORATION

    2 properties operated together4 units - 4004 Avenue C4 Units - 4006 avenue c

  •  Investment Overview Avenue C, Hyde Park  

    MOLLY PARKS512.923.0360

    [email protected]

    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

    • 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

    QUICK FACTS

    INVESTMENT HIGHLIGHTS

  • MOLLY PARKS512.923.0360

    [email protected]

    INVESTMENT OVERVIEW Avenue C, Hyde Park  

    UNIT FOCUS

    Unit mix

  • MOLLY PARKS512.923.0360

    [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 PARKS512.923.0360

    [email protected]

    Community Character Avenue C, Hyde Park  

    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.

    HYDE PARK HISTORY

  • MOLLY PARKS512.923.0360

    [email protected]

    Location Amenities Avenue C, Hyde Park  

    RETAIL-FOOD-DRINK• HEB Grocery• Central Market-HEB• Freshplus market• Farmers Market at Mueller• Mongers Fish Market & Kitchen• Total Wine and More• Starbucks• Quacks Bakery, Julios Cafe• Juiceland• Blacks BBQ• Hyde Park Bar & Grill• Maudies Tex-Mex• Mandolas Italian Kitchen• UT’s “THE DRAG”• Snooze-AM Eatery• The Triangle urban community

    ENTERTAINMENT• The Domain, an upscale Lifestyle Center• Major League Soccer Stadium• Top Golf• Mueller Retail Center and Lakeside Park• Alamo Drafthouse Theatre• The Thinkery, Children’s Museum• AISD Performing Arts Center• Darryl K Royal Stadium• Frank Erwin Center• Downtown/Eastside Nightlife• East Manor Rd• Shipe Park & Pool• Hancock Golf Course

    HEALTH & OTHER SERVICES• Ronald McDonald House• St. David’s Medical Center• Dell Seton Medical Center at The University of Texas• Dell Children's Pavilion• Heart Hospital of Austin• Seton Medical Center • Orange Theory Fitness• Hyde Park Gym• 24 Hr Fitness• U.S.P.S• FedEX Ship/Print• Barbershops/Salons• Public Storage• Bike rating of 99• Walkability rating of 83

  • Major Employers Avenue C, Hyde Park  

    • 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 PARKS512.923.0360

    [email protected]

  • Area Statistics Avenue C, Hyde Park  

    MOLLY PARKS512.923.0360

    [email protected]

    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.

  • 4004-4006 Avenue C Avenue C, Hyde Park  

    for more information contact

    MOLLY PARKS, REALTOR

    floorplans, photos & More

    Property website

    Austin Real Space9606 N. Mopac Expwy. Ste 150

    Austin, TX 78759 512.923.0360

    [email protected]

    https://www.cribflyer.com/4004-4006-avenue-c