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3416-3430 Willowrun DriveAustin, TX 78704
Willowrun Collective
Asset ClassMultifamily
Year Built: 1969Occupancy: 95.8%AVG SF: 800Access Data Room
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Overview

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Willowrun Collective is a series of 6 fourplexes (24 units) located between 3416-3430 Willowrun Drive, Austin, TX 78704 in South Central Austin, just across the street from St. Edward’s University. All buildings are single-story with poured concrete front patios and private entrances. The combined land size is approximately 1.1202 acres. The property is a good candidate for value-add, condo conversion, short term rental, or a long term covered land play.

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Investment Highlights

  • Located in Austin’s most iconic ZIP code, 78704, the property is a good candidate for value-add, condo conversion, short term rental, or a long term covered land play
  • 6 individual parcels creating optionality to sell separately while maintaining economies of scale
  • Modern, durable interior renovations with concrete floors, stainless steel appliances, and exposed brick accent walls
  • Less than 0.2 miles from St. Edward’s University, and walking distance to SoCo Entertainment District
  • Well maintained, pride of ownership evident for over 10 years
  • Balanced unit mix of 1 BR and 2 BR floorplans with large average unit sizes (800 +/- SF)
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3416-3430 Willowrun DriveAustin, TX 78704
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Listing provided by Revere CRE