2500 Willow Hl DrAustin, TX 78741

For Sale
Call for price

371-unit apartment building, prime Austin location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 371-unit apartment building situated on a 2.73-acre lot in Austin, Texas. Located at 2500 Willow Hill Drive, this property boasts a substantial 336,262 square feet of space and is zoned ERC, making it permit-ready for immediate development or expansion. The property's strategic location within the rapidly developing Riverside Drive corridor offers unparalleled access to key Austin amenities. Its proximity to the Oracle Campus and the vibrant South Shore District provides residents with convenient access to employment centers, retail options, and entertainment venues. Furthermore, its easy connection to Downtown Austin and Austin-Bergstrom International Airport enhances its appeal to a wide range of potential tenants. This multifamily development represents a significant opportunity for investors seeking a high-return asset in a thriving Austin market. The property's size and location within a rapidly growing area position it for strong rental income and future appreciation. This is a rare chance to acquire a substantial multifamily asset in one of Austin's most desirable and dynamic neighborhoods. The property's permit-ready status streamlines the development process, allowing for a swift and efficient transition into ownership and operation. This makes it an attractive proposition for investors seeking a quick return on their investment.

Highlights

  • 2.73-acre permit-ready multifamily development site in Southeast Austin's Riverside Drive corridor.
  • Excellent location near Oracle Campus and South Shore District, with easy access to Downtown Austin and Austin-Bergstrom International Airport.
  • Situated in a rapidly growing area with numerous new office, retail, and multifamily developments.

Property Details for 2500 Willow Hl Dr

Property type
Multifamily properties, Apartment buildings
Square Feet
336,262 SF
Lot Size (sq. ft)
118,919 SF
Units
371

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2336629
Longitude
-97.7256783
2500 Willow Hl Dr, Austin, Texas

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2500 Willow Hl Dr
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