Map of Property

827 West 12th Street

For Sale

827 West 12th Street, Austin, TX 78701

This Austin property for sale is located at 827 West 12th Street. 827 West 12th Street is situated on a lot that is 55 acre in size.

Contacts

broker

Colin Cannata

CBRE

(512) 499-4979

broker

Charles Cirar

CBRE

(512) 499-4916

broker

Connor Moore

CBRE

(512) 482-5525

broker

Alex Denton

CBRE

(512) 482-5559

Property Details

  • Property Type Multi-Family
  • Property Size 64,871 SF
  • Units 143
  • Lot Size 55 Acre
  • Parking Spaces Avail. 103
  • Parking Ratio 1.59 / 1,000 SF
  • Date Updated Apr 17, 2024

Recently stabilized new construction asset – The property is currently 92% leased and achieved stabilization 9 months from the Initial CO date of January 27th, 2023.

Barrier-to-entry infill location – There are no competing conventional assets within a half-mile of the asset. Height and zoning restrictions combined with the high cost of land in this pocket will severely limit competing development over the long term.

Premier location bordering the Austin CBD – Convenient access to Central Austin’s top amenities earned The Shoal a Walk Score of 92 and Bike Score of 90.

Expertly-designed efficient homes – Studios make up 57% of the unit mix resulting in chunk rents that are significantly below competing downtown properties in inferior locations.

Strong tenant base of tech employees – 32% of residents earn over $100k annually and notable employers at the property include Cirrus Logic, Deloitte, Oracle, Meta, and Tesla.

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Getting around

  • 91/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Austin, TX
  • Neighborhood Downtown Austin
  • Zip Code 78701
  • Market Austin

Points of Interest

  • Austin

    0.63 miles

  • Downtown

    1.03 miles

  • Zilker Zephyr

    1.47 miles

  • Plaza Saltillo

    1.62 miles

  • MLK Jr.

    2.44 miles

  • Highland

    4.15 miles

  • Crestview

    4.67 miles

  • Kramer

    8.32 miles

  • ChargePoint

    0.03 miles

  • Conoco

    0.13 miles

  • ACCAE RIO GRANDE SUR 2

    0.18 miles

  • 7-Eleven

    0.18 miles

  • ACCAE RIO GRANDE SUR 1

    0.18 miles

  • 835 CHARGER STATION1

    0.37 miles

  • WHOLE FOODS MKT LAMAR ST-1

    0.41 miles

  • PIE AE TRAVIS CO L2

    0.46 miles

  • PIE AE TRAVIS CO DC 1

    0.47 miles

  • Hotel Ella Tesla Destination

    0.53 miles

  • Austin Community College Parking

    0.04 miles

  • Guadalupe Garage

    0.45 miles

  • 9th St Garage

    0.46 miles

  • Lavaca Plaza

    0.59 miles

  • State Garage N

    0.62 miles

  • Chase Tower Parking Garage

    0.62 miles

  • Conference Center Garage

    0.71 miles

  • Dobie Center Garage

    0.72 miles

  • Capitol Visitor's Parking Garage

    0.75 miles

  • State Parking Garage R

    0.77 miles

  • Omni Hotel & Resorts

    0.31 miles

  • WorldMark Austin

    0.33 miles

  • Canopy by Hilton

    0.42 miles

  • DoubleTree Suites by Hilton - Austin

    0.44 miles

  • Hilton Garden Inn

    0.53 miles

  • Hotel Ella

    0.55 miles

  • Hampton Inn & Suites Austin at The University/Capitol

    0.58 miles

  • The Otis Hotel, Autograph Collection

    0.59 miles

  • AC Hotel Austin-University

    0.60 miles

  • The Stephen F Austin Royal Sonesta Hotel

    0.67 miles

  • Whole Foods Market

    0.43 miles

  • Trader Joe's

    0.61 miles

  • Fresh Plus

    0.61 miles

  • Target

    0.71 miles

  • Thom's Market

    1.16 miles

  • 1st Stop Food Store

    1.16 miles

  • Whole Foods Market

    1.23 miles

  • Target

    1.25 miles

  • University Co-op

    1.51 miles

  • Wheatsville Food Co-op

    1.58 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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