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1805 Aquarena Springs Dr
San Marcos, TX 78666
Riverside Ranch · Multifamily Property For Sale · 268 Units

INVESTMENT HIGHLIGHTS

  • Located just over 1 mile from Texas State University
  • Convenient access to I-35
  • Great tenant amenities including a shuttle bus to campus
  • Rapidly growing population - 6% projected growth within 5-miles
  • Strong student housing occupancy at 91.8%
  • Opportunity to operate as student housing or a traditional apartment

PROPERTY FACTS

No. Units 268
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 12.24 AC
Building Size 177,760 SF
Average Occupancy 36%
No. Stories 2
Year Built 1987
Parking Ratio 3.38/1,000 SF
Zoning MF-24 - B1 - Multi Family ; 4Plex

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Walk-In Closets

SITE AMENITIES

  • Business Center
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Tennis Court
  • Tanning Salon
  • Basketball Court
  • Grill
  • Laundry Service
  • Shuttle to Train
  • Volleyball Court
  • Walking/Biking Trails
  • Roommate Matching

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 164 - 450 - 600
2+2 104 - 830

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R62653
Land Assessment
$3,271,560
Improvements Assessment
$15,728,440
Total Assessment
$19,000,000
  • Listing ID: 33623757

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 1805 Aquarena Springs Dr, San Marcos, TX 78666

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