Braunfels Haus Apartments

730 Howard Street, New Braunfels, TX

$17,495,000

Price

88,772 sqft

Building Size

4.85 acres

Lot Area

Overview
Building Size
88,772 sqft
Lot Area
4.85 acres
Units
87
Occupancy
94%
Year Built
1968
Zoning
R3,C1, SUP
Floors
2
Parking Spots
181
Roof
Composition Shingles
Heating
Central
Cooling
Central
Description

Braunfels Haus Apartments is an 86 Unit garden-style community in the Heart of New Braunfels, Texas! The main property sits on 4 Acres and consists of a mix of Commercial Retail Spaces, Two-Story Apartments, Townhomes, Cottages and Home Suites! The welcome center next to the office can easily be partitioned to create an extra unit if the owner would prefer for a total of 87 units.  8 of the units are located at 1008 & 1012 Mission Dr, which are located 0.80 Miles down the road off Landa Street. This investment offering also includes Marie’s Laundry. It is widely used by locals and tenants. Business at Marie's Laundry has increased in use with the closure of several laundromats in the area.  Offering Wash/Fold/ Cleaning Pickup could generate substantial additional income.   Other commercial tenants include Great Clips, ProMart, and a BBQ Restaurant.  Great 1031 Exchange Property with additional upside potential. Special Use Permits allow for additional Commercial growth. Over $225,000.00 in Capital Improvements added in the past two years.  Full Marketing Package Available upon Request.





87 Unit Apartment Complex Portfolio
Located in New Braunfels, TX
Mix of Commercial, Residential and Special Use Permit zoning

Location