About 2034 Rueben Rd
19 unit condo complex; 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.
Features of 2034 Rueben Rd
MLS® # | 1605211 |
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Price | $7,500,000 |
Square Footage | 26,220 |
Acres | 0.00 |
Year Built | 2020 |
Type | Commercial |
Sub-Type | Apartments |
Status | Active |
Community Information
Address | 2034 Rueben Rd |
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Area | 2707 |
City | New Braunfels |
County | Guadalupe |
State | TX |
Zip Code | 78130 |
Amenities
Amenities | Not Applicable/None |
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Utilities | Cable TV, Electricity, Telephone, Sewer, Water |
Parking Spaces | 80 |
Interior
Heating | Central |
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Cooling | Central |
# of Stories | 2.0 |
Stories | 2 |
Exterior
Roof | Composition |
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Construction | Other, Rock/Stone Veneer, Stone |
Foundation | Slab |
School Information
District | New Braunfels |
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Additional Information
Date Listed | May 9th, 2022 |
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Days on Market | 710 |
Zoning | COMM |
Short Sale | No |
Listing Details
Office | Real |
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