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Amazing investment opportunity centrally located in New Braunfels. 8-plex of identical/mirrored, 2 bedroom/2 bathroom, 972 SF units! Rents have been increased as units have been slowly improved, 4 units improved, 2 units partially improved and the other 2 units are occupied by long term tenants with minimal modifications. Lots of vacancy in 2018 due to two remodels that were underway. Currently room to increase rents 6%+. Another 10%+ more upside washer and dryers were added to each unit.
|6689150 - Commercial Sale||Sold - 47 days (111 days total)||$|
|6689150 - Commercial Sale||Pending - Taking Backups - 14 days||$669,000|
|6689150 - Commercial Sale||Price Decrease - 7 days||$669,000 - $30,000|
|6689150 - Commercial Sale||Back On Market - 2 days||$699,000|
|6689150 - Commercial Sale||Pending - Taking Backups - 41 days||$699,000|
|Show More (1)|
|6689150 - Commercial Sale||New||$699,000|
Property Listed by: Mcnabb & Co. Real Estate Serv
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 September 22nd, 2019 at 8:10am CDT. 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.