Sayers Real Estate Advisors Inc
Listed by Sayers Advisors, Sayers Real Estate Advisors Inc
Unpriced
1705 E M. Franklin Ave
Details
Property Type Multifamily, Land
Sub Type Residential, Apartment Building
Square Footage 51,695
Units 35
Acreage 2.030
Zoning MF-2-NP
Investment Type Redevelopment
1705 E M. Franklin Ave, Austin, TX 78723
Marketing description
Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1705 E M. Franklin Ave ("the Property"), a 2 acre infill residential development opportunity in Austin, Texas. The Property presents a prime east Austin location less than half a mile from the award-winning Mueller Master Community and easy access to Downtown Austin via E Martin Luther King Jr. Blvd. Additionally, the Property offers dual street frontage with access on both Deloney Street and E M Franklin Ave.
Zoned MF-2-NP, the Property is fully entitled supporting a range of residential development types. Conceptual yield studies indicate the potential for a 35-unit townhome and stacked flat configuration totaling 51,695 square feet of habitable area.
Investment highlights
- Development-ready residential opportunity
- Prime east Austin location - 0.5 miles from the Mueller Master Community
- Dual street frontage - Frontage on both Deloney St and E M Franklin Ave
- Product flexibility - Site allows for townhomes, condominiums or boutique multifamily
- Creek corridor - Scenic creek bisects site, creating a distinctive natural amenity
Listing Contacts
Sayers Real Estate Advisors Inc
Listed by Sayers Advisors, Sayers Real Estate Advisors Inc
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