About 1036 Linde Avenue
**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.
Features of 1036 Linde Avenue
MLS® # | 9100238 |
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Price | $800,000 |
Bathrooms | 0.00 |
Acres | 0.42 |
Year Built | 1978 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 1036 Linde Avenue |
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Area | CM |
Subdivision | Sir Gerald 1 |
City | New Braunfels |
County | Comal |
State | TX |
Zip Code | 78130 |
Amenities
Utilities | Electricity Available |
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Parking | Additional Parking, Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Laminate, Tile |
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Heating | Central |
Fireplace | No |
Exterior
Construction | Brick |
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Foundation | Slab |
Additional Information
Date Listed | February 3rd, 2024 |
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Days on Market | 97 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office Contact | (512) 870-8184 |
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