2034 Rueben Rd

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Address: 2034 Rueben Rd, New Braunfels, Texas, US

Texas + Apartment Buildings

Created date: April 18, 2024

Date last updated: April 18, 2024

Property Description

19 total units; one of a kind investment opportunity on the booming I-35 Corridor. Minutes from San Antonio & Austin, these New Braunfels condominiums are in the prime location, making them ideal for long and short term rentals; minutes from Schlitterbahn, Texas State University & Gruene, TX. With limited inventory in this area due to phenomenal growth, Sungate has been able to retain majority of its original tenants and easily increase rent over each renewal. Built in 2020, this property is fully occupied and has seen a $1 million dollar valuation increase in the past year alone.

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Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$7,500,000
No. of Units:	19
Year Built:	2020
Opportunity Zone:	No
Price per unit:	$394,737
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	24

Address: 2034 Rueben Rd, New Braunfels, TX 78130, USA

Provided by:

Standard Status: Active

MLS Listing Number: 1605228

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