Value-Add and Development Opportunities
The Esquire offers investors a rare chance to own a 10-unit multifamily asset in Austin’s coveted North Campus area, just steps from the University of Texas. All efficiency units are currently 100% occupied at $800/month, with historically low vacancy due to strong built-in demand. Each unit features durable vinyl flooring, a full kitchen, and a tub/shower combo, making them attractive to student and professional renters alike.
This walkable, high-demand location supports higher rent ceilings than currently achieved, presenting immediate income potential through simple rate adjustments or light cosmetic upgrades. The property includes 10 separate electric meters, 6 parking spaces, and was originally framed for a second story, offering a compelling expansion angle for investors seeking long-term appreciation or added density. Surrounded by rapid development, UT foot traffic, and cultural amenities, The Esquire stands as a versatile and future-proof investment in Central Austin.
Myria Free | REALTOR® Texas License # 742017
Vice President Sales and Acquisitions | Ragland Realty and Management, LLC
(512) 537-3399