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$800,000 - 755 River Rd, San Marcos
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 0
- Acres
Price just reduced $80k! Newer construction community; priced $140k below tax appraised value! Terrific rent/sales price ratio - cash flow at its best in San Marcos. $10,200 gross market rents ($850 per unit). Phase one of apt. community completed in 2001. 6 two-story buildings w/2 units per building. All 12 units are 1100 sq ft 3/3's. Sale includes additional adjacent 2 acres - Great opportunity for existing cash flow + development. Plans include 16 additional buildings with utilities already in place.
Essential Information
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- MLS® #:
- 3117148
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- Price:
- $800,000
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- Acres:
- 0.00
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- Year Built:
- 2001
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- Type:
- Commercial Sale
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- Sub-Type:
- Multi-Family 5+ Units
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- Status:
- Active
Community Information
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- Address:
- 755 River Rd
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- Area:
- HS
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- Subdivision:
- River Place
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- City:
- San Marcos
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- County:
- Hays
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- State:
- TX
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- Zip Code:
- 78666
Amenities
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- Utilities:
- Electricity - Available
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- Parking Spaces:
- 36
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- Parking:
- Assigned Parking, Covered, Lighted
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- View:
- No View
Interior
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- Heating:
- Central Heat, Electric
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- Cooling:
- Central Air
Exterior
-
- Roof:
- Composition Shingle
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- Foundation:
- Slab
Additional Information
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- Date Listed:
- July 11th, 2011
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- Days on Market:
- 314
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- Zoning:
- MF24
Listing Details
- Listing Office:
- Castle Hill Investments
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 20th, 2012 at 6:00pm. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.