Unlock the potential of this value add 8-unit apartment complex $945,250

Lake Commercial For Sale

Unlock the potential of this value add 8-unit apartment complex, strategically situated in the vibrant heart of Sattler, Texasal County Tax Appraised Value is $1,739,800.00 making this an extremely good value! Comprising two addresses-2015 FM 2673 and 2170 Sattler Road-this property offers unparalleled versatility for either long-term or short-term rental income. This Apartment Complex features 7,200 square feet with two floors, each with 3,600 square feet. The diverse unit mix includes efficiencies, one-bedroom, and two-bedroom layouts, each equipped with dedicated storage space for added convenience. Versatile Commercial Space is located on the bottom floor in the front of the apartment units, the 1,600 square feet of commercial space offers multiple office suites. This area provides excellent income potential or could serve as a base for your own business endeavors. The property's flexible design makes it ideal for both short-term vacation rentals and long-term leases, appealing to a wide range of tenants. Positioned just off FM 2673, the property is minutes away from the picturesque Guadalupe River and Canyon Lake, as well as the renowned Whitewater Amphitheater. Enjoy easy access to a variety of eateries, shopping options, and local amenities. The sale includes a large metal building at back of property. This unique investment opportunity blends residential and commercial possibilities in a sought-after location. Don't miss your chance to capitalize on the significant potential of this property in the thriving Sattler/Canyon Lake area.