Westline in Austin

Name: Westline
Brand: Mid-City Development
SKU: 8270
Availability: InStock

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Project info

Object ID: 8270

Finished at	November 2020
Price, m²	From 28571$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Floors	3
Apartments	22
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

857,130$

Net profit

5,906$

Payback period

105.8 years

Avg property value increase per year

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About the project

This quaint community is nestled amongst the beautiful tree-lined streets of historic Clarksville, just steps west of downtown Austin. This pretty, pedestrian-friendly district is known for its historic bungalows, public parks, and popular cafes and shops. The Westline community will seamlessly blend into Clarksville’s historic surroundings while fully embracing its welcoming, open and friendly neighborhood feeling.

Developer

Mid-City Development, LLC is a privately-held, Austin-based real estate development firm. Mid-City is seen as an innovative, leading-edge co…
Details about Mid-City Development