8634 E US Highway 290, Fredericksburg, TX 78624 - MLS# 4411312

Apartment Complex for Sale in Fredericksburg > 78624 > Gillespie County > 8634 E US Highway 290

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$1,595,000 $2,300/m

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-
Beds
-
Baths
N/A
Square Ft.
11.00
Acres
N/A
Garages
2007
Year Built
MLS® #: 4411312 Active, 114 Days on Market

Looking for an apartment building or mixed use development with immediate cash flow? This mixed use property, located on 11 acres with Wine Road frontage in Fredericksburg offers over 30,000 square feet under roof including 15 small apartments and cabin rentals that stay rented w/ no vacancies, flea market, antique shop, & onsite storage building. This property offers space to build more or start another business venture. Unrestricted. Excellent cap rate. Cannot subdivide.

Price History for 8634 E US Highway 290

Date MLS # Details Price
4411312 - Commercial Sale New (0 days total) $1,595,000

Property Details for 8634 E US Highway 290

Location
Size and Restrictions
  • Acres: 11.00
  • $/Acre: $145,000
  • Land Area: 11.00 - Acreage
  • FEMA 100 Yr Floodplain: No
  • Restrictions: Yes - Deed Restrictions
Improvements
  • Property Subtype: Commercial Sale - Apartment Complex
  • Current Bldg Use: Office/Warehouse, Residential, Retail
  • # Buildings: 9
  • Parking: 75 - 5 - On-Site Parking
Features
  • View: No View
Utilities
  • Water: Well On Property
  • Separate Meter: See Agent
  • Utilities: Electricity on Property
  • Sewer: Septic on Property

Interior Features for 8634 E US Highway 290

Heating and Cooling
  • Heating: See Agent
  • Air Conditioning: See Agent
Interior Features
  • Flooring: Concrete, Wood
  • Equipment: Open Space, Outside Storage, Storage Area(s)
  • Disability: No

Building Information for 8634 E US Highway 290

Building Information
  • Year Built: 2007 - Resale
  • Condition: As-Is
  • # of Stories: 1
  • Construction: Industrial, Metal Siding, Wood Veneer
  • Foundation: Pier & Beam, Slab
  • Roof: Metal
Garage and Parking
  • Parking: 75 - 5 - On-Site Parking

Financials for 8634 E US Highway 290

Financial Information
  • $/Square Foot: $75
  • $/Acre: $145,000
  • Documents Available: Deed Restrictions, See Agent
  • Lease Type: See Agent
  • Occupancy Rate: 100
Property Taxes
  • Estimated Taxes: $21,301
  • Tax Rate: 1.56% - 2018
  • Tax ID: 87087

Properties for Sale Similar to 8634 E US Highway 290, Fredericksburg, TX View On Map

Property Listed by: Realty Austin

The information being provided is 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. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from December 6th, 2019 at 3:55am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.