167 Northwest Hills Dr Fredericksburg TX

$1,984,000

Property Details

Price:$1,984,000
Listing Id:81451
Acres:6

County:Gillespie
Address:Northwest Hills Dr
City:Fredericksburg
State:TX
Zip:78624

Status:Contract Pending
Type:Commercial

Property Description

GREAT INVESTMENT OPPORTUNITY! Don't miss this chance to own a well established long term rental complex. Nestled on the edge of town, Northwest Hills is a well maintained, multi unit apartment complex that is at 100% occupancy. The complex offers a total of 24 units and 12 of those are 2 bed / 1 bath units while the other half are 1 bed / 1 bath units; making a total of 36 bedrooms and 24 bathrooms. Plus every unit comes with covered parking for one car which is a very attractive feature for tenants which not many other complexes offer.

Primary Features

Construction:Frame
County:Gillespie

Foundation:Slab
Parking:Concrete Lot,Gravel Lot
Property Type:Commercial Sale

Sale Includes:Business, Building, & Land
Zoning:ETJ

Additional

Approximate SqFt:Other-See Remarks
Approximate Tract Size/Acreage:5.67

Current Use:Apartments
Estimated Year Built:1970-1979

Source SqFt:GCAD
Topography:Gently Rolling
Type of Property:Multi-Family,Commercial

External Features

Fence:None

Roof:Composition

Interior Features

Heating/A/C:Central Electric A/C,Central Electric Heat

Utilities:Septic System on Property,Community Water

Financial Details

Seller's Estimated Tax:18219.00

Northwest Hills Dr Fredericksburg TX 78624

© 2017 Central Hill County MLS (CHCMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Michael W. Starks with RE/MAX Town & Country

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