935 Linde St, New Braunfels, TX 78130 - MLS# 6689150

Apartment Complex Sold in New Braunfels > 78130 > Sir Gerald > 935 Linde St

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$669,000

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-
Beds
-
Baths
N/A
Square Ft.
0.36
Acres
N/A
Garages
1978
Year Built
MLS® #: 6689150 Sold on

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.

Price History for 935 Linde St

Date MLS # Details Price
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
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Property Details for 935 Linde St

Location
Size and Restrictions
  • $/Acre: $43
  • Land Area: 0.36
Improvements
  • Property Subtype: Commercial Sale - Apartment Complex
  • Parking: 16 - Common, No Parking Fee
Utilities
  • Water: City
  • Separate Meter: No
  • Utilities: See Agent
  • Sewer: City at Street

Interior Features for 935 Linde St

Heating and Cooling
  • Heating: Central Heat, Electric
  • Air Conditioning: Central Air

Building Information for 935 Linde St

Building Information
  • Year Built: 1978
  • Foundation: Slab
Garage and Parking
  • Parking: 16 - Common, No Parking Fee

Financials for 935 Linde St

Financial Information
  • $/Square Foot: $75
  • $/Acre: $43
  • Acceptable Financing: Cash, Conventional, Assumable - Qualify
Property Taxes
  • Estimated Taxes: $10,021
  • Tax Rate: 2.21% - 2018

Properties for Sale Similar to 935 Linde St, New Braunfels, TX View On Map

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.

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