Introducing an exciting investment opportunity in the up-and-coming East Austin area!rnSpringdale Commons is the latest development from Austin’s premier green builder, Fortunate Foundations. Consisting of eightrnunits, this unique complex is perfectly positioned to capitalize on the area’s growth and potential. Expected completion date Augustrn2023.rnLocated in the heart of East Austin, this development offers a prime location that is attracting attention from investors and residentsrnalike. With its vibrant arts scene, trendy restaurants, and proximity to downtown, East Austin is quickly becoming one of the mostrnsought-after neighborhoods in the city.rnThe complex itself boasts 8 energy-efficient units across 3 buildings enveloped in continuous thermal and noise-insulating foam.rnThese modern, eco-friendly features not only provide residents with a comfortable and tranquil living experience but also contributernto reduced energy costs and a smaller carbon footprint.rnOne of the unique advantages of this property is its commercial zoning, allowing for the allocation of two units specificallyrndesignated for short-term rentals (STRs). With the increasing popularity of Austin as a tourist destination, STRs present an excellentrnopportunity to maximize your investment returns. Buyer to verify.rnAs you evaluate the financials, rest assured that this property offers a competitive Cap Rate of 4.6% and an impressive ProForma CaprnRate of 5.8%. Perform a thorough analysis of the projected rental income from long-term leases, as well as the potential incomernfrom the designated STR units.rnDon’t miss your chance to be part of the East Austin growth story. This multi-family complex presents an ideal blend of location,rnenergy efficiency, and investment potential. Contact us today to secure your place in this thriving community and start reaping thernbenefits of this exceptional opportunity.