Investment Highlights

Value-Add Potential

Opportunity to raise rents through updating interiors & appliances, improving common areas, and renovating exterior elements for improved curb appeal and property aesthetics. On-Site Washer & Dryer facility is also currently not operational and if brought back online, will help to attract additional prospective tenants with higher rental rates while generating income.

Managerial Improvement

New owners can benefit from a streamlined operation by improving managerial inefficiencies such as implementing an improved marketing & advertising strategy, increasing in-place under market rents, and executing long-term capital improvement costs to reduce regular repairs & maintenance.

Prime, South-Central Location

Conveniently located only 3 miles from Austin’s Central Business District, Goodrich Apartment benefits from being in close proximity to a number of Austin’s largest area employers and recreational activities. Situated in the heart of South Lamar, the property offers walkable access to some of Austin’s most popular restaurants, bars, and local shops, as well as quick connections to Zilker Park and Lady Bird Lake. It’s an ideal location for residents looking to enjoy the energy of the city while staying connected to Austin’s iconic outdoor lifestyle.