Avenue C Hyde Park - Austin , Texas
MOLLY PARKS512.923.0360
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
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
INVESTMENT OVERVIEW Avenue C, Hyde Park
UNIT FOCUS
Unit mix
MOLLY PARKS512.923.0360
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
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
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
Area Statistics Avenue C, Hyde Park
MOLLY PARKS512.923.0360
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
https://www.cribflyer.com/4004-4006-avenue-c