Sold – 2509 Quarry – (Represented Buyer)

 

after 22509 Quarry was an awesome opportunity in the heart of Tarrytown in West Austin.  This duplex consisted of 2, 3 bedroom/2 bath units and was, at the time generating $1500/month on each unit.

The Carvajal Group represented an out of state buyer on this transaction.  The buyer paid $415,000 cash in a 1031 exchange and we immediately invested $35,000 in a complete overhaul which included new windows, flooring, popcorn removal, opening up the dining room, constructing a new deck and creating additional parking.  The Carvajal Group oversaw the entire remodel project and is currently leasing and managing the property.

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After the remodel we were able to rent each unit for $2000/month for a total of $4,000 for the property.  The property is one block away from a UT bus shuttle and stays rented without a problem.

If you are interested in Austin duplexes or need assistance selling your investment property, contact me today at (512) 786-1515

Before Pictures:

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