$7,500,000

2034 Rueben Rd, New Braunfels, TX

26,220

Square feet

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.

Facts & Features

ListingFeed sabor
MLS® # 1605211
Price $7,500,000
Square Footage 26,220
Acres 0.00
Year Built 2020
Type Commercial
Sub-Type Apartments
Status Active

Community Information

Address 2034 Rueben Rd
City New Braunfels
County Guadalupe
State TX
Zip Code 78130

Amenities

Amenities Not Applicable/None
Utilities Electricity, Water, Telephone, Sewer, Cable TV
Parking Spaces 80

Interior

Heating Central
Cooling Central
# of Stories 2
Stories 2

Exterior

Roof Composition
Construction Stone, Rock/Stone Veneer, Other
Foundation Slab

School Information

District New Braunfels ISD

Additional Information

Zoning COMM
Short Sale No
Contact Details (210) 800-5525

Listing Details

OfficeReal
Office Contact(210) 800-5525

Listing Map

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