$14,000,000

214 Windmill Hill, Seguin, TX

90,293

Square feet

32.00

Acres

Large scale rental community! 66 houses, 18 manufactured homes, 7 lots for rent to mobile homes, and room to expand up to 30 more houses on 7 tax parcels totaling more than 32 acres. Great location, just off Highway 46, 4 miles to Seguin, 6 miles to New Braunfels in booming area. possible owner carry at 6% with 20% down payment. monthly debt service would be $67,000. Super low taxes,Current rent roll is $400 per unit below market for the area, as current owner has not raised rents in more than 10 years. Current cap rate at 5.54, but easily improved to over 13% with minimal rent increases and seller financing . All properties have city water, city electric, individual septic systems. Multiple wells on property, used for landscape water source. Just 1/2 mile to Guadalupe River. all measurements and numbers are approximate and to the best of our knowledge

Facts & Features

ListingFeed sabor
MLS® # 1658652
Price $14,000,000
Square Footage 90,293
Acres 32.00
Year Built 2005
Type Commercial
Sub-Type Apts/Retail/Strip/BusPrk
Status Active

Community Information

Address 214 Windmill Hill
City Seguin
County Guadalupe
State TX
Zip Code 78155

Amenities

Utilities Electricity, Water, Septic, Cable TV, Telephone
Parking Spaces 260

Interior

Heating Central
Cooling Central
# of Stories 1
Stories 1

Exterior

Roof Composition
Construction Wood
Foundation Slab

School Information

District Navarro ISD

Additional Information

Zoning MULTI FAMILY
Short Sale No

Listing Details

OfficeAmberson Realty
Office Contact(210) 825-0652

Listing Map

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