Property Details
Rueben Rd
New Braunfels, TX 78130
$7,500,000
Property Description
19 total units; 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.
Property Details
- Price:$7,500,000
- County:Guadalupe
- Address:Rueben Rd
- City:New Braunfels
- State:TX
- Zip:78130
- Status:Available
- Type:Multi-Family