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Preleased Student Housing Apartment Building
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2704 Salado St, Austin, TX 78705

Built in 1972, this 20-unit student-housing property is 100% preleased and located along Salado Street.

Property SizeContact for details
Days on Market142

Property Features for 2704 Salado St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Sands Investment Group
Listed By: Michael Gonzalez · License #TX Lic. # 632798
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 9:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

Investment Insights

Based on property information with market context.

Berkadia Real Estate Advisors presents Salado, a 20-unit student-housing apartment building built in 1972. The property is positioned on 0.4 acres and has a unit density of 50 units per acre. According to the listing, the community is 100% preleased.

Salado is located in the heart of West Campus in Austin, Texas, along Salado Street. The listing describes the site as surrounded by entertainment, employment, restaurants, and outdoor recreation in the Austin area.

For investors and tenants seeking stable near-term occupancy, this offering provides a centrally located multifamily asset with established unit count and prelease status.

Key Highlights

  • 20‑unit student‑housing property built in 1972
  • 100% preleased
  • Located along Salado Street in Austin, TX

Property Analytics

Current Use

The Salado Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Furniture & Home Goods Florist Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,653
Businesses Nearby

Demographics for 78705, TX

36,535
Population
12,519
Households
2.9
Avg Household Size
23
Median Age
80%
College-Educated
99%
High-School Grad
2.1 sq mi
ZIP Area
17,398
Density / Sq Mi
$30,336
Median Household Income
$10,994
Median Earnings
$1,520
Median Rent
$627,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1972, this 20-unit student-housing property is 100% preleased and located along Salado Street.
Where is this apartment building located?
The property is located at 2704 Salado St Austin, TX.
What are key features of this property?
This property features: 20‑unit student‑housing property built in 1972; 100% preleased; Located along Salado Street in Austin, TX
(844) 474-4666 Call to check price and availability
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