373 April dr - Multi-Family FOR SALE


Canyon Lake, TX 78133- Hill Country
$8,200,000 USD
210-379-7812
373 April dr, Canyon Lake, TX for Sale
$8,200,000 USD
Multi-Family - FOR SALE
1/47
null | Request Cap Rate

373 April dr
Canyon Lake, TX 78133
Hill Country


HIGHLIGHTS

  • Infrastructure in place and space to expand
  • High-potential property in a rapidly growing area
  • Expansive 5.85-acre development with room to grow

OVERVIEW

Incredible investment opportunity! This expansive 5.85-acre development features 72 individual 2-bedroom, 2-bathroom units across six 3-story buildings, with room to build even more. Whether you're looking to purchase the entire development or individual units, this property offers unmatched flexibility and long-term growth potential. Ideal for use as apartments, a motel, or hotel, the site is strategically priced well below appraisal value, making it a rare find for savvy investors. With infrastructure in place and space to expand, the possibilities are truly limitless-don't miss your chance to own a high-potential property in a rapidly growing area!

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$802 USD /SF

# OF UNITS

72

PRICE/UNIT

$113,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1999

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.85 AC

LAND SF

254,826 SF

ZONING

-

APN/PARCEL ID

22-0285-0011-00

ASK ABOUT THIS PROPERTY

Ashley GonzalezKeller Williams City ViewMore Info
210-379-7812

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Ashley GonzalezKeller Williams City ViewMore Info
210-379-7812

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