200 Primrose Cir
New Braunfels, TX 78130
HAUS · Multifamily Property For Sale
·
61 Units
Property Facts
| No. Units | 61 | Building Size | 44,716 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.44/1,000 SF |
| Lot Size | 2.79 AC | ||
| Zoning | MF | ||
| No. Units | 61 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.79 AC |
| Building Size | 44,716 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.44/1,000 SF |
| Zoning | MF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Cabana
- Laundry Service
- Maintenance on site
About 200 PRIMROSE CIR , NEW BRAUNFELS, TX 78130
Situated on 2.79 acres, Veranda at Landa is a 61-unit, boutique apartment community within 4 buildings and adjacent to the brand new 77,000 SF Das Rec, a recreational fitness facility which provides residents access to state-of-the-art amenities. Current ownership has focused improvements primarily on the Property’s exterior, which presents investors with the opportunity to push rents higher through interior renovations, while still offering an affordable rent level relative to Class A properties and more in line with the top performing older vintage assets. Veranda at Landa has maintained occupancy of at least 93.5% over the previous twelve months and presents investors a stable asset with an enticing value-add component with the opportunity to capitalize on the region’s reverberating growth.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 42 | - | 510 - 682 |
| 2+1 | 10 | - | 882 |
| 2+2 | 9 | - | 1,056 - 1,156 |
Property Taxes
| Parcel Number | 10-0070-0036-00 | Improvements Assessment | $4,437,094 |
| Land Assessment | $1,364,096 | Total Assessment | $5,801,190 |
Property Taxes
