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2034 Rueben Rd New Braunfels, TX 78130

$7,500,000
-- SqFt
-- Sqft Lot
Status Active
MLS # 1605211
Property Type Apartments
Price Type --
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.

820 N Alamo St San Antonio, TX 78215

$1,125,000
-- SqFt
6,577 Sqft Lot
Status Active
MLS # 1636268
Property Type Apartments
Price Type --
820 N Alamo is an exceptional property in one of the most popular areas of downtown San Antonio. Demand for the area in addition to increased development within a half-mile radius create a prime investment opportunity. The 9 unit building is being offered as-is for an investor to finish the rehab and capitalize on the market appreciation. This is a unique opportunity to own property in a great location near downtown San Antonio and Pearl, just a few steps away from many restaurants, breweries, and a CrossFit gym. The building is split into 9 units and a flexible zoning designation allows for anything from long-term or mid-term rentals, office space, retail and more! The work completed at present consists of: Foundation, framing, new electrical, new plumbing, insulation, and drywall. It is ready for a new buyer to step in and finalize renovations to bring the historic building back to its original glory. There is potential for extra income on the property via parking and laundry. In addition, there are tax advantages associated with the property. Following substantial rehabilitation of residential properties, City property taxes are frozen at the assessed value prior to rehabilitation for up to 10 years. Substantially rehabilitated commercial properties are eligible for the 5 Zero/5 Fifty tax exemption: no City property taxes are owed for the first five (5) years, and for the next five (5) years the City property taxes are assessed at 50% of a post-rehabilitation appraisal after the 5th year. The tax exemption for substantial rehabilitation remains with the property regardless of change of ownership or sale of the property. The aforementioned information can be found on the historic society of San Antonio website.

1405 Donaldson Ave San Antonio, TX 78228

$950,000
-- SqFt
-- Sqft Lot
Status Active
MLS # 1535740
Property Type Apartments
Price Type --
EXCELLENT, CLEAN, NEWER CONSTRUCTION CASH FLOW MACHINE. LITERALLY WILL NOT LAST LONG. OWNER HAS RENOVATED 5 OF THE 8 UNITS SO FAR, STILL ROOM FOR GROWTH ON RENTS. Seller Finance available with a large down payment. Call or text for details

101 E Rockport St Mathis, TX 78368

$55,000
-- SqFt
-- Sqft Lot
Status Active
MLS # 1515952
Property Type Apartments
Price Type --
Investors Welcome! Great opportunity to bring back this residential housing area and make it shine again. Appears to have been built to house 7 apartment units. The property is distressed and will definitely need some TLC, so if you're a visionary, this is your place. Confirm all information, zoning, restrictions, etc. with City/County. We understand there may be plans to open a micro-brewery across the street, so there is great potential for the future. Work commute to Corpus Christi is just minutes away and you can spend the weekends on Lake Corpus Christi right down the road. We are also selling the property across the street: 118 N South St. for $65,000, plus commercial land located at 715 N Front St. for $20,000, and a house located at 509 SH-359 for $45,000.