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.
Utilities :Electricity,Water,Telephone,Sewer,Cable TV
Roof :Composition
Lot Decription :
Zoning :
COMM
Heating : Central
Air Conditioning : Central
Foundation : Slab
Construction : Stone,Rock/Stone Veneer,Other
Street Address: Rueben Rd 2034 City: New Braunfels State: Texas Postal Code: 78130 County: Guadalupe MLS Number: 1605211 Year Built: 2020 Courtesy of Real Broker, LLC