Welker Properties is pleased to present Arbor Coves Apartments - an 84-unit multifamily individually platted ‘four-plex’ style apartment community nestled minutes away from everything South Austin, TX has to offer. This property was sourced off market and the current ownership has had possession for nearly a decade. The community is ideally positioned to benefit from value-creation and repositioning. Arbor Coves offers all the comforts of home in a pristine setting. This unique four-plex style asset presents the opportunity for grand enhancement allowing for a true value-add strategy to achieve outsized returns in the highly competitive Austin market. Each of the 21 four-plexes are platted separately, which gives us an alternative exit strategy of selling building individually. As an added bonus, every unit has full-size washer/dryer connections, wood-burning fireplace and exterior storage. Upper units have a large balconies, and every lower-level apartment unit comes with a private fenced in yard. Residents can quickly reach the Austin CBD in 12 minutes via IH-35 and Mopac Expressway, or alternatively can utilize nearby South 1st and South Congress as back doors to downtown. Residents also have abundant retail options at well-established nearby shopping centers such as South Park Meadows, Sunset Valley, Shops at Arbor Trails, and South Town Square.