010203040506070809101112
12

Texas, TX

48 East Avenue #2311
Austin, TX 78701

Bed icon

2

Beds

Bath icon

2.0

Bath

Square Feet icon

1036

Sq. Feet

Bidding Starts from

$750,000

Auction Date

August 8, 2024

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Auction Details & Logistics

Bidding starts

$750,000

Auction Date

August 8, 2024

Auction Time

12:00pm PST

Experience

Online Live Streamed

Online

Bidding Live
@ 12:00pm PST

Investor's dream opportunity at The Natiivo, a condominium hotel in downtown Austin! One of a kind in The Natiivo: where short term rentals are allowed! Turnkey and ready to go! Located in the heart of the Rainey Street area, this attractively furnished 2 bedroom/2 bath condo on the shores of Lady Bird Lake has an outstanding rental history. Open living, dining, and kitchen area separate 2 spacious bedrooms with beautiful baths. All furnishings and art convey and ready to go. Fitness center with Peloton bikes. Dog park. Minutes from the hike and bike trail and the ATX downtown scene. This property had a net revenue for 2023 of $55K! All the amenities of a hotel plus valet parking, rooftop pool, and 24 hour security. The complex features stunning native design elements and Austin cultural touches. The first-floor lobby and coffee bar/lounge provide a collaborative workspace and trendy venue.The 10th floor has an indoor fitness center with Peloton studios, an outdoor fitness lawn, a gated dog park, and a yoga studio. The top-floor clubhouse leads to the stylish rooftop pool deck with cabanas, loungers, fire pits, and an entertainment area. The glass-rimmed view of the downtown skyline is breathtaking! Located about one mile southeast of Downtown Austin, the neighborhood offers diverse eateries, food trucks, and outdoor activities, including access to the Colorado River, Lady Bird Lake, the Ann and Roy Butler Hike and Bike Trail, and WallerBeach at Town Lake Metropolitan Park. The complex is within 40 minutes or 2.1 miles from the University of Texas at Austin and near Austin Community College and St. Edward's University.

Listing Agent

Monica Fabbio

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