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Apartments For Sale • 45,390 SF
| Attractive Loan Assumption – 3.40% Freddie Mac Loan. 30-year amortization and matures in May 2029. Approximate loan balance = $5,040,000± |
| Balanced Demographics and Unit Mix – Less than 2 miles from Texas State University (4th largest in Texas) as demand driver with less than 50% students |
| Capital Improvements – new roof, painting, parking overlay, lighting, and signage within the last 5 years. |
| Construction Style – Two-Story Garden Style Walkup built in 1983. Central Courtyard with a pool, grilling area and picnic table. |
| Area Attractions – San Marcos River is a popular destination, as is the Historic Downtown Square and the Premium / Tanger Factory Outlet Mall. |
| Major Employers – The property is surrounded by abundant retail, grocery stores and industrial fulfillment centers. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| San Marcos Amtrak (Texas Eagle - Amtrak) | 5 min | - | 2.5 mi |
| Airport | Drive | Walk | Distance |
| Austin-Bergstrom International | 45 min | - | 34.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 131 |
| Type: | Surface |
| Included in Rent: | Yes |
Daniel Elam
Muskin | Elam Group
Daniel Elam
Muskin | Elam Group