48 East Ave Austin, TX 78701

This 1,121 square foot, fully furnished hotel condo in Austin, Texas, presents a unique investment opportunity. Located at 48 East Avenue, 78701, this 2022-built unit boasts hotel zoning, allowing for lucrative short-term rentals. The property includes access to exceptional amenities such as a 24-hour concierge, valet parking, co-working spaces, a lobby coffee bar, an 18,000 square foot tenth-floor terrace and garden, and a rooftop pool with cabanas, lounge seating, a fireplace, and panoramic city views. The unit's contemporary design and prime location in the vibrant Rainey Street district ensure high demand and a strong return on investment. This is a chance to own a piece of Austin's thriving hospitality market, offering a blend of luxury living and significant income potential. The asking price is $1,195,000, with a price per square foot of $1,066.01. The property is zoned for hotel use.