Victorian Oaks Apartments
$1,750,000
610 Old Boerne Rd, Bulverde, TX 78163
6.72
Cap Rate
117,547
NOI
Details:
Highlights:
- 9 units
- Great Location in the Heart of Bulverde
- Easy Access to Bulverde, San Antonio, Boerne, Blanco, and New Braunfels
- Stable Income
- High Occupancy
- Rare Multi-Family Offering in Bulverde
- Value Add (room for three more units)
Description:
The Victorian Oaks Apartments are located half a mile from Hwy 46 on Old Boerne Road, and next door to local private school. This quite street has easy access to the main shopping district on Hwy 46, and less than a mile to the HEB Grocery store, Wal-Mart, and numerous local shopping options at Singing Hills. There are 5 long term apartment units and 3 apartment units that are set up as Short Term Rental. All units are fully furnished and stocked, ready for the next guest or the long term tenant. Bulverde is a fast growing community and this unique multifamily property is located in the heart of the City. San Antonio, New Braunfels, Boerne, and Blanco are all less than 30 minutes away making this a great central location in the heart of the Hill Country.
This unique multi-family investment opportunity is a rare find in Bulverde and has maintained a high occupancy rate over the past 3 years.
Please call or email for additional info and we will be happy to set up a property tour.
610 Old Boerne Road, Bulverde TX 78163
1/2 mile from Hwy 46 on the North side of Old Boerne Road
Propane
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