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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





        The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Central Hill Country Board of REALTORS® Multiple Listing Service (CHCBRMLS). The CHCBR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2021 Central Hill Country Board of REALTORS®. All rights reserved.