1501 Kinney Avenue
Property Description
TURNKEY ASSET, STRONG IN-PLACE CASH FLOW Barton Ridge is a 37-unit, garden-style apartment community situated on a 0.93-acre site in the heart of South Austin’s Zilker neighborhood. Originally constructed in 1973, the property has undergone capital improvements including interior renovations to approximately 95% of the units. These updates feature quartz countertops, stainless steel appliances, shaker-style cabinetry, new lighting, and wood-style flooring. The community also offers a resurfaced pool, modern signage, upgraded landscaping, and on-site laundry facilities—creating a turnkey, low-maintenance asset with operational upside. The property has consistently operated at or above 95% occupancy, benefiting from strong in-place demand driven by its walkable location and attainable rents. CONDO CONVERSION OR REDEVELOPMENT POTENTIAL With its low-density site plan and MF-3 zoning, Barton Ridge offers long-term optionality for condo conversion or full-scale redevelopment. The surrounding Zilker and South Lamar neighborhoods have seen a surge in demand for for-sale product. Given the property’s 0.93-acre site, walkable location, and upgraded interiors, Barton Ridge presents a prime covered land opportunity in one of Austin’s most constrained and desirable urban cores
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 37 |
| Year Built: | 1973 |
| Lot Size: | 0.92 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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