1036 Linde Avenue, New Braunfels, TX

$800,000

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0.42

Acres

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
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
Area CM
Subdivision Sir Gerald 1
City New Braunfels
County Comal
State TX
Zip Code 78130

Amenities

Utilities Electricity Available
Parking Additional Parking, Off Street
Is Waterfront No
Has Pool No

Interior

Interior Laminate, Tile
Heating Central
Fireplace No

Exterior

Construction Brick
Foundation Slab

Additional Information

Date Listed February 3rd, 2024
Days on Market 97
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office Contact(512) 870-8184

Listing Map

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