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Archived almost 3 years ago

$1,683,084

8+ bd 10+ ba 5600 sqft

864 Independence Dr, New Braunfels, TX 78132

Residential Quadplex Off MLS

Current Rent **

N/A

Projected Rent **

$10,000+

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 2½ ba
  • Square Footage: 1400 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 2½ ba
  • Square Footage: 1400 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 3 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 2½ ba
  • Square Footage: 1400 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 4 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 2½ ba
  • Square Footage: 1400 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes

New Trunkey Fourplex Investment

A turnkey multifamily real investment opportunity with HUGE returns. Equinox Townhomes New Braunfels are brand-new, Class A townhomes fourplex rentals located on the Austin-San Antonio mega-growth corridor. New Braunfels is one of the fastest-growing markets in the U.S.

This investment is unbeatable because its:
• Located in a city experiencing a population explosion - 9x the national average.
• New Braunfels had a STAGGERING 17.9% median household income growth for 2021
• Massive tax savings with bonus depreciation
• Overall rents are up by 10% - 13%
• Market study shows and 97% local occupancy
• 5.52% Cap rate at purchase

Get in on America’s best state for real estate investment. This is the perfect passive investment opportunity for busy professionals. Let us do the work while you enjoy tax-advantaged cash flow in a soaring asset class.

Turnkey investment, your fourplex is delivered pre-leased with a professional property manager in place, making it a hassle-free investment opportunity.
Start creating generational wealth with Equinox Townhomes in one of the country’s hottest markets, New Braunfels.

More more information and investor kit: https://go.grocapitus.com/nbbp1

Location:

864 Independence Dr, New Braunfels, TX 78132

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.