$1,895,000
Accepting Backup Offers

8634 E US Highway 290

Fredericksburg, TX 78624
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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

  • Property Details
    • Property
      • View:None
      • Stories:1
      • Lot description:Level
    • Measurements
      • Acres:11
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2007
    • Material information
      • Foundation:Pillar Post Pier, Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Well
      • Utility features:Electricity Available
  • Community and Neighborhood Details
    • Location
      • County:Gillespie
    • Community
      • Subdivision:Gillespie County
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 595, 000
      • Selling Office Commission:3.000
      • Days on Market (Cumulative):755
  • Other
    • Source
      • MLS #:4411312

Location

Austin & Hill Country Real Estate GroupReal Estate Group
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