2034 Rueben Rd, New Braunfels, TX 78130

$7,500,000
26,220
SqFt
List Price
$7,500,000
Price Change
▲ $1,000,000 1664234795
MLS#
1605211
Status
ACTIVE
County
Guadalupe
City
New Braunfels
Living Area
26,220

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.

Additional Information

Days on Market
513
Year Built
2020
Amenities
Not Applicable/None
Cooling
Central
Heating
Central
Roof
Composition
Parking Spaces
80
School District
New Braunfels

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dominique Jimenez (dominique.sarealtor@gmail.com) from Listing Office: Real.

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