165 Lofts

10 Unit Apartment Building | For Sale | San Marcos, TX 78666

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Multifamily
Square Feet
10,456 SF

Listing Contacts

Grant Mobley
Grant Mobley
Verified Profile
J.R. Ellis
J.R. Ellis
Verified Profile
  • Property Info

Property Overview

Adaptive Reuse in Heart of Downtown San Marcos
165 Lofts is a an urban mixed-use asset in Downtown San Marcos containing eight loft-style three-bedroom residential units and two ground-floor retail spaces. The residential building, constructed in 1985, was converted into multifamily in 2012 and included the addition of an attached commercial storefront facing Guadalupe Street, a main downtown corridor with excellent visibility. Residential units at 165 lofts offer spacious layouts and large rooftop patio terraces in all upstairs units. All residential units come with reserved parking spaces and have modern finishes, roommate friendly layouts and full-sized washer and dryer connections. The exterior features an urban-style feel and is recognizable from its vibrant mural painted by a local artist.
Walking Distance to Campus and Primary Entertainment District
Located in the heart of Downtown San Marcos, 165 Lofts offers prospective residents an urban, walkable lifestyle. The property is adjacent to the Square, San Marcos’s primary entertainment district, which hosts a variety of restaurants, nightlife and shopping options. Residents at 165 Lofts are within a 15-minute walk to the center of the Texas State University campus and along the Bobcat shuttle route.
Significant Growth and Expansion of Texas State University
Texas State University has invested heavily in its expansion having raised $230+ million to improve and expand its academic offerings, athletic department and facilities. In almost all of the past 20+ years, Texas State has seen increases to enrollment, which is estimated at 38K for the 2023-2024 academic year. In 2021, the University launched its NEXT IS NOW campaign setting the goal of becoming a Tier 1 research university.

Property Details

Class
B
Year Built/Renovated
1985/2012
Stories
2
Lot Size (sq. ft)
12,632 SF
Units
10

Highlights

  • Adaptive Reuse in Heart of Downtown San Marcos
  • Walking Distance to Campus and Primary Entertainment District
  • Significant Growth and Expansion of Texas State University

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