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SkyBridge Lofts in Austin

Name: Sales in SkyBridge Lofts started!
Start: 2020-07-28T07:04:36.075676+00:00
End: 2023-12-31T23:59:59+0000
Location: SkyBridge Lofts

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Project info

Object ID: 8257

Finished at	March 2017
Price, m²	From 2400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 150.00 m²
Floors	3
Apartments	112
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket
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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

360,000$

Net profit

9,376$

Payback period

30.6 years

Avg property value increase per year

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About the project

Innovative in design, SkyBridge Lofts is devoted to preserving open space by providing natural amenities and creative green spaces. All loft plans are designed as expansive and flexible environments, most of which have their own private garages. From getting lost in the greenbelt, to enjoying your favorite restaurant, South Austin is hard to beat. The area blends new ideas and old charm into a smooth, eclectic style. SkyBridge Lofts is located minutes from downtown, right off South Congress.