7304 Twin Crst Dr Austin, TX 78752-2551

Crestview Place is a meticulously maintained, 14-unit apartment building located in Austin, Texas, at 7304 Twin Crest Dr, 78752. This stabilized, value-add multifamily investment opportunity boasts 11,550 net rentable square feet across a single, two-story building on a 0.464-acre lot (APN 232675). Currently operating at 86% occupancy (as of October 8, 2024), the property features significant recent upgrades. These include a new TPO roof, renovated courtyard, new signage and exterior lighting, a replaced 90-gallon hot water heater, and a renovated laundry room. Thirteen of the fourteen units have undergone interior renovations, showcasing faux wood flooring, stainless steel appliances, modern fixtures, and upgraded kitchens. The property is zoned MF-3-NP and offers convenient access to major roadways (I-35, Highway 183, Highway 290), Downtown Austin, The University of Texas, and The Domain. Its proximity to the Crestview Station (CapMetro Rail and bus transit) provides tenants with easy access to Austin's public transportation system. This fee-simple ownership presents a compelling investment opportunity in a desirable Austin neighborhood.