$1,349,000
Natiivo
48 East Ave Unit 2210, Austin, TX 78701
- 2Beds
- 2Baths
- 1277SqFt
- 2Beds
- 2Baths
- 1277SqFt
- Property TypeCondo
- Year Built2021
- HOA Fees$971/mo
- Price per Sqft$1056
- On highrises3 Days
- Garage1 Car
Property Details
This property offers a rare opportunity to own a premier, water-view, condo in the heart of Austin's highly sought-after Rainey Street District while also stepping into the operation of one of Natiivo's top-performing short-term rentals (STRs). In 2024, this property boasted an impressive 95% occupancy rate and generated a remarkable $120, 000 in gross revenue, with projections to exceed $140, 000 in 2025. Other, similar units in the Natiivo building generate anywhere from $50-$60k in annual revenue. This means this particular unit outperforms others by over 100%! It has also has garnered over 100 Airbnb reviews with an outstanding 4.94/5-star average rating. There is no question, if you are looking for a unit exclusively in this building, this is by far the best choice. Because of the proven income by this property, options for information on DSCR and/or IO loans are available upon request. The home is being sold completely turnkey, including approximately $100, 000 worth of upgrades from the standard, builder-grade units and high-quality furniture and home goods purchased just a year ago. Additionally, it already has thousands in future bookings for 2025, ensuring a seamless transition for the new owner. Notable features include a state-of-the-art lighting system, upgraded countertops and island, stereo system, as well as complete furnishings. Building amenities include a pool, gym, reception, outdoor lounge, dog walk, co-working spaces, indoor lounge and kitchen, and attached coffee shop on the ground floor! Dont miss out on this exceptional opportunity. Contact the listing agent for more information!
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 1
Property History
Building Features
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Dylan Haines
- state license#0695589
- Brokered by:
- Compass RE Texas LLC - Austin
- (512) 575-3644
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