5441, 5481 Fm 1102
New Braunfels, TX 78132
1 bath | #1799717
Description
With buildings dating back to the 1800's, this unique mixed-use commercial property isn't lacking any character or potential. Unrestricted zoning which means this gem can become a blank canvas to suit your investment needs & visions or kept as is operating at a 6 CAP rate. Located just across the street is a brand new SFR development and less than a 1/4 mile is a newly built & fully leased MF development. Average HH income of $134,151. High traffic road. Tons of visibility. And just minutes from downtown Gruene. Current NOI of 143K/annually produced by: 2 STR, 2 LTR & 2 commercial leases. New septic system installed 2023. SELLER FINANCING AVAILABLE.
Interior Details
- Bathrooms1
- Full Baths1
Construction Details
- Property TypeMulti-Family
Other
- MLS #1799717
Location
Legal
Information provided Courtesy of San Antonio Board of Realtors. 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 believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.
Last Updated: . Source: SABOR
Listing Courtesy
Listing Agent: Keith Borie (#2502), Phone: (830) 822-3567, Email: newcastlere@gmail.com
Listing Office: Lockwood Realty Group, LLC (#LKWD00)
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