Updated Fourplex in South Austin Ideal for Mid-Term Rental
2200 Leah Cove, Austin
ROI
25.58% IRR
Strategy
Mid Term Rental
Updated fourplex in South Austin ideal for mid-term rental. All 2 bed 1 bath units with two currently occupied, one month-to-month and one ending May 2024. Two story 3,120 sq ft fourplex built in 1982 with 2 beds, 1 bath per unit. Unit D is currently rented for $975 and is month-to-month, Unit C is $1300/mo and expires May 2024. Units A & B vacant. Freshly painted, new cabinets, floors, bathrooms, windows in most units.
