$1,895,000
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8634 E US Highway 290 Fredericksburg, TX 78624
21,170 SqFt
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 21,170 sqft
Price per Sqft $94
Subdivision Gillespie County
MLS Listing ID 4411312
Sold Date 09/27/22
Originating Board actris
Year Built 2007
Tax Year 2018
Lot Size 11.000 Acres
Property Description
Looking for an apartment building or mixed use development with immediate cash flow? This mixed use property, located on 11 acres with Wine Road frontage in Fredericksburg offers 15 small apartments and cabin rentals that stay rented w/ very low vacancy rate, flea market, antique shop, & onsite storage building. This property offers space to build more or start another business venture. Unrestricted. Excellent cap rate. Cannot subdivide.Restrictions: Yes
Location
State TX
County Gillespie
Interior
Heating See Remarks
Cooling See Remarks
Flooring Concrete, Wood
Furnishings Unfurnished
Fireplace N
Exterior
Exterior Feature None
Pool None
Community Features None
Utilities Available Electricity Available
Waterfront Description None
View Y/N No
View None
Roof Type Metal
Accessibility None
Porch None
Total Parking Spaces 75
Private Pool No
Building
Lot Description Level
Story 1
Foundation Pillar/Post/Pier, Slab
Sewer Septic Tank
Water Well
Structure Type Metal Siding, Wood Siding
Others
Pets Allowed No
Restrictions Deed Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 1.5612
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed No
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Bought with The Damron Group Realtors