$669,000
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935 Linde ST New Braunfels, TX 78130
7,776 SqFt
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,776 sqft
Price per Sqft $75
Subdivision Sir Gerald 1
MLS Listing ID 6689150
Sold Date 03/29/19
Originating Board actris
Year Built 1978
Tax Year 2018
Lot Size 0.355 Acres
Property Description
Amazing investment opportunity centrally located in New Braunfels. 8-plex of identical/mirrored, 2 bedroom/2 bathroom, 972 SF units! Rents have been increased as units have been slowly improved, 4 units improved, 2 units partially improved and the other 2 units are occupied by long term tenants with minimal modifications. Lots of vacancy in 2018 due to two remodels that were underway. Currently room to increase rents 6%+. Another 10%+ more upside washer and dryers were added to each unit.
Location
State TX
County Comal
Interior
Heating Central, Electric
Cooling Central Air
Furnishings Unfurnished
Fireplace N
Exterior
Exterior Feature None
Pool None
Community Features None
Utilities Available See Remarks
Waterfront Description None
View Y/N No
Accessibility None
Porch None
Total Parking Spaces 16
Private Pool No
Building
Lot Description Corner Lot
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type None
Others
Pets Allowed No
Restrictions None
Acceptable Financing Assumable, Cash, Conventional
Tax Rate 2.21194
Listing Terms Assumable, Cash, Conventional
Special Listing Condition Standard
Pets Allowed No
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Bought with Realty Austin