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$2,200,000
11 Beds
- 6 Baths
1,896sqft
5441 Fm 1102, New Braunfels, TX 78132
$2,200,000
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Multi Family
Built in 1865
$-- HOA
28,270.44 sqft lot
$1,160/sq.ft
Description
7 CAP RATE!!! SELLER FINANCING AVAILABLE - This mixed-use property is a total gem!! And income producing. Located just outside the historic Texas town of Gruene, these 2 lots sit on a road with high traffic & visibility. Zoned for commercial use, the property has 4 active commercial leases. The listing includes 2 properties: 5441 & 5481 FM 1102. Unrestricted & outside city limits so there are no zoning restrictions which makes this property a rare opportunity. Current NOI = 140K/annually.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1865
HOA Fees
-
Finished Area
1,896 sqft
Lot Size
28,270.44 sqft lot
Basement Area
- sqft
MLS Name
LERA MLS
MLS Number
1819608
MLS Status
ACT
Days on Market
403
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