313 Mill St - Apartments FOR SALE


San Marcos, TX 78666
$1,760,000 USD
512-217-1295
313 Mill St, San Marcos, TX for Sale
$1,760,000 USD
Apartments - FOR SALE
1/1
null | 5.9% Cap Rate

313 Mill St
San Marcos, TX 78666


OVERVIEW

313 Mill Street consists of two neighboring brand-new buildings located half a mile from Texas State University just two blocks off Aquarena Drive which is a main throughfare to I-35 and Texas State University. Each ultra-modern unit has a thoughtfully designed floor plan consisting of two bedrooms plus a study with three bathrooms and two living rooms. There are front and rear facing balconies offering exceptional views which fill these units with amazing natural light. Within the unit, you’ll find wood floors, stainless steel appliances and two car garages. The developer intended these units to be leased or purchased by young families, professors, and/or young professionals, so the finishes are beyond what you would typically find

FOR SALE DETAILS

PRICE

$1,760,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

4

PRICE/UNIT

$440,000

CAP RATE

5.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnolia Condominium Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bryan McMurreyTranswestern Real Estate ServicesMore Info
512-217-1295

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Bryan McMurreyTranswestern Real Estate ServicesMore Info
512-217-1295

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.