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1623 Aquarena Springs Dr
San Marcos, TX 78666
The Colony II of San Marcos · Multifamily Property For Sale
·
70 Units
Investment Highlights
- Excellent Location along Aquarena Springs Drive, one block west of Major Highway I-35 (exit 206)
- Pitched Roofs replaced in 2018, Parking Lot Overlay in 2019
- Less Than 2 ± Miles to Texas State University (Texas’s 5th Largest University)
- Mid-1980’s Construction and Attractive Architectural Design
- Good Mix of One and Two-Bedroom Two-Bath Units
- 6 ± Miles to San Marcos Premimum Outlets and Tanger Factory Outlet (Largest in the U.S.)
Property Facts
| No. Units | 70 | Lot Size | 2.49 AC |
| Property Type | Multifamily | Building Size | 51,504 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1983/2021 |
| Building Class | C | Parking Ratio | 2.54/1,000 SF |
| Zoning | MF - Multi-Family | ||
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.49 AC |
| Building Size | 51,504 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2021 |
| Parking Ratio | 2.54/1,000 SF |
| Zoning | MF - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Pool
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | $794.00 | - |
| 2+2 | 30 | $974.00 | - |
Property Taxes
| Parcel Number | R38199 | Improvements Assessment | $4,414,460 |
| Land Assessment | $665,540 | Total Assessment | $5,080,000 |
Property Taxes
Parcel Number
R38199
Land Assessment
$665,540
Improvements Assessment
$4,414,460
Total Assessment
$5,080,000
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