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2034 Rueben Rd

New Braunfels, TX 78130
  • $7,500,000
  • STATUS: Active
  • ON SITE: 713 Days
  • MLS #: 1605211
UPDATED: 151 min ago
$7,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,220
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2020
County:

School Ratings & Info

School District:

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.



© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Phyllis Browning Company. Last updated 2024-04-22T18:45:23.16.
www.leslierealestate.com/homes/128512577
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2034 Rueben Rd New Braunfels, TX 78130

  • Price: $7,500,000
  • Status: Active
  • On Site: 713 Days
  • Updated: 151 min ago
  • MLS #: 1605211
0
Beds
0
Baths
0
½ Baths
N/A
Acres
26,220
SQFT
$286
$/SQFT
2020
Built
Neighborhood:
New Braunfels
County:
Guadalupe
Area:
New Braunfels
School District:
New Braunfels
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.
Exterior Features

Construction StoneRock/Stone VeneerOther Drive In Doors 0 Foundation Slab Loading Facilities None Rail Service No Roof Composition Total Parking 80

Interior Features

Air Conditioning Central Ceiling Height 9 Heating Central

Property Features

Amenities Not Applicable/None Approx Age 3 Available With Lease Yes Building Center Name Sungate Properties City Tax 8605 Commercial Type Apartments County Tax 6876 Flood Plain None Lease Only Yes Monthly Lease 32075 Other Tax 0 Proposed Terms CashConventional Rentals 19 Restrictions SubdivisionDeed Sale Includes BuildingsLandBusinessFixturesInventoryOther School Tax 21680 Total Tax 37161 Utilities ElectricityWaterTelephoneSewerCable Tv Zoning Comm

Listing information © 2024 San Antonio Board of REALTORS®.
Listing provided courtesy of Dominique Jimenez of Real: dominique.sarealtor@gmail.com, (210) 800-5525.


© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Phyllis Browning Company. Last updated 2024-04-22T18:45:23.16.
 
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Phyllis Browning Company
4372 N. Loop 1604 West, Ste. 102
San Antonio TX, 78249