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Rueben Rd
New Braunfels, TX 78130
$7,500,000
Property Description
19 unit condo complex; one of a kind investment opportunity on the booming I-35 Corridor. Minutes from San Antonio & Austin, these New Braunfels condominiums are in the prime location, making them ideal for long and short term rentals; minutes from Schlitterbahn, Texas State University & Gruene, TX. With limited inventory in this area due to phenomenal growth, Sungate has been able to retain majority of its original tenants and easily increase rent over each renewal. Built in 2020, this property is fully occupied and has seen a $1 million dollar valuation increase in the past year alone.
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Type: Commercial Property
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Year Built: 2020
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Cooling: Central
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Heating: Central
Property Details
- Status:Available
- Type:Commercial Property
- MLS #:1605211
- Year Built:2020
- Sq. Feet:26,220
Community Information
- Address:2034 Rueben Rd New Braunfels, TX 78130
- County:Guadalupe
- City:New Braunfels
- Zip Code:78130
Property Features
- Restrictions:Subdivision, Deed
- Utilities Available:Electricity, Water, Telephone, Sewer, Cable TV
Tax and Financial Info
- Proposed Terms:Cash, Conventional
$7,500,000
26,220 SqFt
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