2015 FM 2673
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2015 FM 2673
8 Unit Block of Flats £744,573 (£93,072/Unit) Canyon Lake, TX 78133
Investment Highlights
- 8-unit Apartment Complex
- Minutes from Guadalupe River and Canyon Lake
- Minutes from FM 306
- 1,600 Commercial Office Space
- High Traffic / FM 2673 frontage
- Short term or Long term rental possibilities
Executive Summary
Unlock the potential of this value add 8-unit apartment complex, strategically situated in the vibrant heart of Sattler, Texas. Comal County Tax Appraised Value is $1,739,800.00 making this an extremely good value! Comprising two addresses-2015 FM 2673 and 2170 Sattler Road-this property offers unparalleled versatility for either long-term or short-term rental income. This Apartment Complex features 7,200 square feet with two floors, each with 3,600 square feet. The diverse unit mix includes efficiencies, one-bedroom, and two-bedroom layouts, each equipped with dedicated storage space for added convenience. Versatile Commercial Space is located on the bottom floor in the front of the apartment units, the 1,600 square feet of commercial space offers multiple office suites. This area provides excellent income potential or could serve as a base for your own business endeavors. The property's flexible design makes it ideal for both short-term vacation rentals and long-term leases, appealing to a wide range of tenants. Positioned just off FM 2673, the property is minutes away from the picturesque Guadalupe River and Canyon Lake, as well as the renowned Whitewater Amphitheater. Enjoy easy access to a variety of eateries, shopping options, and local amenities. The sale includes a large metal building at back of property. This unique investment opportunity blends residential and commercial possibilities in a sought-after location. Don't miss your chance to capitalize on the significant potential of this property in the thriving Sattler/Canyon Lake area.
Property Facts Under Contract
Price | £744,573 | Building Class | B |
Price Per Unit | £93,072 | Lot Size | 0.35 AC |
Sale Type | Investment | Building Size | 7,200 SF |
No. Units | 8 | Number of Floors | 2 |
Property Type | Residential | Year Built | 1988 |
Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
Apartment Style | Low Rise |
Price | £744,573 |
Price Per Unit | £93,072 |
Sale Type | Investment |
No. Units | 8 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.35 AC |
Building Size | 7,200 SF |
Number of Floors | 2 |
Year Built | 1988 |
Parking Ratio | 1.67/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+2 | 8 | - | - |
PROPERTY TAXES
Parcel Number | 74-0219-0028-00 | Improvements Assessment | £888,935 |
Land Assessment | £132,040 | Total Assessment | £1,020,974 |
PROPERTY TAXES
Parcel Number
74-0219-0028-00
Land Assessment
£132,040
Improvements Assessment
£888,935
Total Assessment
£1,020,974
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KW Commercial - Heritage
2015 FM 2673
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