1036 Linde Ave

New Braunfels, TX 78130

For Sale $800,000

Listed 69 days ago for $800,000
  • Status: Active
  • Property Type: Multi Family
  • County: Comal
  • School District:
  • Subdivision: Sir Gerald 1
  • Built: 1978
  • Lot Size: 0.415 acres
  • Building SqFt: 700
  • $/Building SqFt: 1142.86
  • Heating: Central
  • Cooling: Central Air
**Investment Opportunity in the Heart of New Braunfels, TX!** Welcome to 1036 Linde Ave, a lucrative 8-unit apartment building nestled in the flourishing city of New Braunfels, TX. This prime property offers a blend of modern amenities, strategic location, and a promising investment potential. *Property Highlights:* - 8-unit apartment building with 4 units downstairs and 4 units upstairs. - Spacious and well-designed floor plans to cater to diverse tenant needs. - Small storage area at the back for added convenience. - Huge lot with a fenced-in backyard, providing privacy and outdoor space for residents. - Recent renovations in most units, including removal of carpets for easy maintenance. - Established reputation with a high demand from potential tenants, resulting in 100% occupancy. - Located in the second-fastest-growing city in the US, showcasing a high level of demand for rental properties. **Investment Benefits:** 1. **Stable Income:** Benefit from a consistently high occupancy rate, ensuring a steady and reliable rental income stream. 2. **Low Maintenance:** Recent renovations, including carpet removal, contribute to lower maintenance costs and increased property value. 3. **Room for Growth:** Expansive lot provides ample room for future expansion or additional amenities, catering to the growing demand in the area. **Why Invest in New Braunfels?** - Booming Economy: New Braunfels boasts a thriving economy, attracting a diverse population and contributing to the demand for rental properties. - Recreational Paradise: Positioned near the beautiful Guadalupe and Comal Rivers, offering residents a high quality of life with abundant recreational opportunities. - Easy Access: Conveniently located with access to major highways, providing easy commuting for residents.

Construction Materials
Brick
Building Features
None
Utilities
Electricity Available
Restrictions
None
Listing ID
9100238
Sub Agency Compensation
3%
Buyer Agency Compensation
3%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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For Sale Nearby