2034 Rueben Rd, New Braunfels, TX

$7,500,000

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26,220

Square feet

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
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
Area 2707
City New Braunfels
County Guadalupe
State TX
Zip Code 78130

Amenities

Amenities Not Applicable/None
Utilities Cable TV, Electricity, Telephone, Sewer, Water
Parking Spaces 80

Interior

Heating Central
Cooling Central
# of Stories 2.0
Stories 2

Exterior

Roof Composition
Construction Other, Rock/Stone Veneer, Stone
Foundation Slab

School Information

District New Braunfels

Additional Information

Date Listed May 9th, 2022
Days on Market 710
Zoning COMM
Short Sale No

Listing Details

OfficeReal

Listing Map

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