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listing
1 of 33
MultifamilyFor Sale
$2,200,000
5441, 5481 FM 1102
New Braunfels, TX 78132
Listed by: SarahLoredo from Lockwood Realty Group, LLC, (210) 451-0143
MLS: San Antonio MLS
5,167Sq Ft
Est. Mortgage
$11,456/mo

With buildings dating back to the 1800's, this unique mixed-use commercial property isn't lacking any character or potential. Unrestricted zoning which means this gem can become a blank canvas to suit your investment needs & visions or kept as is operating at a 6 CAP rate. Located just across the street is a brand new SFR development and less than a 1/4 mile is a newly built & fully leased MF development. Average HH income of $134,151. High traffic road. Tons of visibility. And just minutes from downtown Gruene. Current NOI of 143K/annually produced by: 2 STR, 2 LTR & 2 commercial leases. New septic system installed 2023. SELLER FINANCING AVAILABLE.

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Listing provided by Lockwood Realty Group, LLC
Community / School Information