SOLD
Essex Realty Group Acquires Multifamily Property In Austin For $1.04M
516-518 Mayfield Ave & 5901-03 Race Ave
MultiFamily
26,256 SF
26,256 SF
Sold 1 year ago
Summary
Sale
NATIONAL
MultiFamily
26,256 sqft
A multifamily property in Austin has been sold for $1,040,000. The property, located at 516-518 Mayfield Ave & 5901-03 Race Ave, consists of 11 units with a price per unit of $94,545. The total square footage of the property is 26,256, resulting in a price per square foot of $40.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Units: 11
- Price Per Unit: $94,545
- Square Footage: 26,256
- Price Per Square Foot: $40
The sale was facilitated by Derek Kaptanoglu and Abe Eilian of Essex Realty Group, Inc. They represented the buyer and seller in the transaction, serving as the brokers.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Derek Kaptanoglu & Abe Eilian
DATE: 01/20/2023
ADDRESS: 516-518 Mayfield Ave & 5901-03 Race Ave
MARKET: Austin
ASSET TYPE: Multifamily
BROKERS: Derek Kaptanoglu & Abe Eilian - Essex Realty Group, Inc. (@EssexRealtyGroupInc)
SALE PRICE: $1,040,000
UNITS: 11 ~ PPU: $94,545
SF: 26,256 ~ PPSF: $40View on map
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Address516-518 Mayfield Ave & 5901-03 Race Ave
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