140 S Fredericksburg ST Active

San Marcos,TX 78666

$ 3500000

0 Bed

0 Bath

11124 SqFt


Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,124 sqft

Price per Sqft $314

Subdivision Original Town Of San Marcos

MLS Listing ID 5503648

Originating Board actris

Year Built 2020

Annual Tax Amount $42,202

Tax Year 2023

Lot Size 0.300 Acres

Property Description

Nestled in the heart of the vibrant San Marcos community, this multifamily rental property presents an exceptional opportunity for seasoned investors and newcomers alike. With its prime location, modern amenities, attractive features and year built of 2019, "R Squared" offers the perfect blend of comfort, convenience, and investment potential. Each unit is thoughtfully designed to provide residents with a comfortable and contemporary living experience. From spacious floor plans to stainless kitchen appliances and stylish finishes, tenants will feel right at home in these inviting spaces. Situated in the San Marcos downtown area, this property enjoys proximity to major attractions, educational institutions such as Texas State University, bustling shopping centers, and recreational hotspots. Whether you're targeting young professionals, students, or families, the diverse range of unit sizes caters to various tenant preferences, ensuring high occupancy rates and steady cash flow.

Location

State TX

County Hays

Zoning CD-5D

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Vinyl

Fireplace N

Exterior

Utilities Available Electricity Connected,Sewer Connected,Water Connected,See Remarks

Waterfront No

Accessibility See Remarks

Parking Type Alley Access,On Site,Parking Lot,Unpaved

Total Parking Spaces 16

Building

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction No

Others

Restrictions See Remarks

Acceptable Financing Cash,Conventional,Owner May Carry,See Remarks

Tax Rate 1.9

Listing Terms Cash,Conventional,Owner May Carry,See Remarks

Special Listing Condition Standard

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