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1036 Linde Ave
New Braunfels, TX 78130
For Sale $800,000
Listed 175 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