Austin Proper in Austin

Name: Sales in Austin Proper started!
Start: 2020-07-23T08:28:14.687102+00:00
End: 2023-12-31T23:59:59+0000
Location: Austin Proper

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Project info

Object ID: 8179

Finished at	September 2019
Price, m²	From 8880$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 85.00 m²
Floors	32
Apartments	99
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

754,800$

Net profit

9,376$

Payback period

64.2 years

Avg property value increase per year

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About the project

Your ideal floor plan among Austin Proper’s 99 residences and penthouses awaits in downtown’s most elevated new address. This condominium collection of 1 to 3 bedrooms and the grandest 1- and 2-story 4 and 5 bedroom penthouses suits the needs of today’s creative residents with open spaces and flexibility for entertaining or separate offices, and guest accommodations with en suite baths. Find what’s most Proper for you.