This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
5071 Fm-2673
Canyon Lake, TX 78133
River Ranch Apartments · Multifamily Property For Sale
·
104 Units
PROPERTY FACTS
| No. Units | 104 | Building Size | 82,644 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2017 |
| Building Class | B | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 6.20 AC |
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.20 AC |
| Building Size | 82,644 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built | 2017 |
| Parking Ratio | 1.98/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Freezer
- Island Kitchen
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Laundry Facilities
- Picnic Area
- Furnished Units Available
- Grill
- Maintenance on site
ABOUT 5071 FM-2673 , CANYON LAKE, TX 78133
ACR Multifamily has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in River Ranch Apartments (The "Property"), a 104-unit apartment community located in Canyon Lake, Texas. Built in two phases, 2011 & 2017, the Property features 5 well-maintained buildings overlooking the beautiful Canyon Lake, one of Texas' most popular water retreats. Ideally located just outside New Braunfels, one of the nations fast growing cities, River Ranch Apartments offers high quality living in an area shaped by leisure. With the population expected to grow 18% in the next 5 years, the property is well-positioned to continue its rental growth and strong occupancy for years to come. Investors can also benefit from value-add opportunities by upgrading units to continue the increase of rental bumps with premium units. River Ranch Apartments presents a unique and excellent opportunity to purchase the best-in-class asset for one of the best positioned sub-markets in Comal County.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 61 | - | 620 |
| 2+2 | 43 | - | 988 - 1,066 |
PROPERTY TAXES
| Parcel Number | 25-0235-0035-01 | Improvements Assessment | $4,642,600 |
| Land Assessment | $212,420 | Total Assessment | $4,855,020 |
PROPERTY TAXES
