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Special List: Featured Bank-Owned Apartment Complexes, Distressed Apartments, or Apartment Foreclosure Postings

Featured Property: 8402 Fathom Circle

Quality Location and Quality Apartment Building for Sale in NW Austin

·         Eight 2 bed/2.5 bath townhouse style units with large rooms

·         Walking distance to Balcones Golf Course

·         Beautiful street lined with trees and among duplexes and condos

·         Excellent condition with new roof and new exterior paint in 2009

·         Most units have ceramic tile and wood laminate floor

·         Central air/Central heat

·         All three schools are Exemplary Rated:

o    Spicewood Elementary School

o    Canyon Vista Middle School

o    Westwood High School

·         Possible condo conversion opportunity. Condo sales on the same street are in the $80k to $100k range

·         Each unit has its own washer/dryer connections. No hassles of a common laundry room.

·         Rent per unit is $775/month

·         Total rents per month is $6,200 (profit)

·         Asking price: $496,900

o    Pending Contract

·         For info package and more details:

o    Call Hong Lee, CCIM Broker

o    Cell 512-931-4968

o    Email  This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

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