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5441 FM-1102

New Braunfels TX 78132

11
6
1896 sq. ft.
0.65 ac.
Multi-Family
Currently for sale - view listing

Overview

7 CAP RATE!!! SELLER FINANCING AVAILABLE - This mixed-use property is a total gem!! And income producing. Located just outside the historic Texas town of Gruene, these 2 lots sit on a road with high traffic & visibility. Zoned for commercial use, the property has 4 active commercial leases. The listing includes 2 properties: 5441 & 5481 FM 1102. Unrestricted & outside city limits so there are no zoning restrictions which makes this property a rare opportunity. Current NOI = 140K/annually.

Features

11 bedrooms
6 bathrooms
1896 sq. ft. floor area
0.65 ac. lot size
Multi-Family

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