HOM Condominiums in Austin

Name: Sales in HOM Condominiums started!
Start: 2020-07-24T07:17:07.075613+00:00
End: 2023-12-31T23:59:59+0000
Location: HOM Condominiums

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Property for sale in HOM Condominiums — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 8205

Finished at	August 2020
Price, m²	From 4200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 74.00 m²
Floors	3
Apartments	59
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

310,800$

Net profit

8,283$

Payback period

29.3 years

Avg property value increase per year

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About the project

Nestled on a quiet residential street in East Austin, HOM Condominiums offer the perfect blend of residential living and urban amenities. At HOM, you can relish the atmosphere of a single-family home, while taking advantage of all the benefits that condo ownership has to offer like community luxuries, low maintenance upkeep, and a great location. HOM is situated around the corner from the eclectic bars, shops, and restaurants of East 7th Street and just moments away from Downtown Austin, so the city’s vibrant culture and exciting nightlife are never far from this peaceful retreat.

Developer

Pearlstone Partners is a full-service real estate development firm with more than 100 years combined experience in the Austin, Texas real es…
Details about Pearlstone Partners