Crest Haus | 7929 Gault St
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Crest Haus 7929 Gault St
25 Unit Apartment Building For Sale Austin, TX 78757
Investment Highlights
- Recent Renovation of $52K + /Unit
- Brand New Interior
- Brand New Exterior
Executive Summary
LUXURY, BOUTIQUE ASSET IN CENTRAL AUSTIN, $52K PER UNIT IN RECENT RENOVATIONS
Crest Haus is a boutique multifamily property consisting of 25 units off Anderson Lane in North Central Austin. Originally constructed in 1968, current ownership recently completed a transformative renovation including full exterior and all unit interiors with over $1.3 million ($52,000+ per unit) in total scope. Exterior renovations include main sewer line replacement, new paint, new signage, landscaping, a resurfaced and striped parking lot, turfed courtyard, all new double-paned windows, new exterior doors, HVAC unit replacement, new water heaters, and all new light fixtures. All interiors are renovated to a luxury finish including trendy vinyl plank flooring in living areas and bedrooms, porcelain tile in kitchens and bathrooms, stainless steel appliances with gas stoves and new range hoods, modern cabinetry with soft-close hinges, quartz countertops, tile backsplashes, copper-rewired kitchens, and all new tubs and toilets and full wall-tiling in showers.
PRIME TRANSIT LOCATION IN CENTRAL AUSTIN
Crest Haus is centrally within a five-mile radius of some of Austin’s most notable employment centers. Residents of Crest Haus are within a 10-minute commute to downtown, the Domain, Mueller, and the University of Texas. The Property is located less than a mile from the North Lamar corridor, as well as North Lamar Transit Center and within three miles of three of Austin’s major thoroughfares–Interstate 35, Mopac and Highway 183–offering accessibility to anywhere in the metro.
Crest Haus is a boutique multifamily property consisting of 25 units off Anderson Lane in North Central Austin. Originally constructed in 1968, current ownership recently completed a transformative renovation including full exterior and all unit interiors with over $1.3 million ($52,000+ per unit) in total scope. Exterior renovations include main sewer line replacement, new paint, new signage, landscaping, a resurfaced and striped parking lot, turfed courtyard, all new double-paned windows, new exterior doors, HVAC unit replacement, new water heaters, and all new light fixtures. All interiors are renovated to a luxury finish including trendy vinyl plank flooring in living areas and bedrooms, porcelain tile in kitchens and bathrooms, stainless steel appliances with gas stoves and new range hoods, modern cabinetry with soft-close hinges, quartz countertops, tile backsplashes, copper-rewired kitchens, and all new tubs and toilets and full wall-tiling in showers.
PRIME TRANSIT LOCATION IN CENTRAL AUSTIN
Crest Haus is centrally within a five-mile radius of some of Austin’s most notable employment centers. Residents of Crest Haus are within a 10-minute commute to downtown, the Domain, Mueller, and the University of Texas. The Property is located less than a mile from the North Lamar corridor, as well as North Lamar Transit Center and within three miles of three of Austin’s major thoroughfares–Interstate 35, Mopac and Highway 183–offering accessibility to anywhere in the metro.
Property Facts
Sale Type | Investment | Lot Size | 0.66 AC |
No. Units | 25 | Building Size | 19,902 SF |
Property Type | Multifamily | Average Occupancy | 92% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1968 |
Building Class | C | Parking Ratio | 2.41/1,000 SF |
Sale Type | Investment |
No. Units | 25 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.66 AC |
Building Size | 19,902 SF |
Average Occupancy | 92% |
No. Stories | 2 |
Year Built | 1968 |
Parking Ratio | 2.41/1,000 SF |
Unit Amenities
- Heating
- Ceiling Fans
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
- Quartz Countertops
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 1 | - | 450 |
1+1 | 4 | - | 625 |
2+1 | 8 | - | 830 |
2+1.5 | 12 | - | 860 |
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Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
Parcel Number | 240380 | Improvements Assessment | $2,853,247 CAD |
Land Assessment | $2,011,842 CAD | Total Assessment | $4,865,089 CAD |
PROPERTY TAXES
Parcel Number
240380
Land Assessment
$2,011,842 CAD
Improvements Assessment
$2,853,247 CAD
Total Assessment
$4,865,089 CAD
zoning
Zoning Code | MF-4-NP |
MF-4-NP |
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Crest Haus | 7929 Gault St
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