TX > Fredericksburg > Gillespie County
Fredericksburg, TX 78624,8634 E US Highway 290
$1,895,000
Est. payment /mo
Est.Price: ?

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21,170 SqFt
SOLD DATE : 09/27/2022

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

Year Built 2007

Tax Year 2018

Lot Size 11.000 Acres

Property Sub-Type Apartment

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

Area Gp

Interior

Heating See Remarks

Cooling See Remarks

Flooring Concrete, Wood

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

Building

Lot Description Level

Story 1

Foundation Pillar/Post/Pier, Slab

Sewer Septic Tank

Water Well

Structure Type Metal Siding,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed No

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Karen McCarty

Karen McCarty

+1(512) 413-3788

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Realty Austin • Sharon Murray
Bought with The Damron Group Realtors

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agent

Karen McCarty

+1(512) 413-3788

Associated Broker | License ID: 279520

Associated Broker License ID: 279520

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