Magnolia Condominium Townhomes

4 Unit Apartment Building | $1,760,000 ($440,000/Unit) | 5.90% Cap Rate | San Marcos, TX 78666

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,760,000

Property Type
Multifamily
Square Feet
6,840 SF

Listing Contacts

Bryan McMurrey
Bryan McMurrey
Verified Profile
Rye Hinkle
Rye Hinkle
Verified Profile
  • Property Info

Property Overview

313 Mill Street consists of two neighboring brand-new buildings located half a mile from Texas State University just two blocks off Aquarena Drive which is a main throughfare to I-35 and Texas State University. Each ultra-modern unit has a thoughtfully designed floor plan consisting of two bedrooms plus a study with three bathrooms and two living rooms. There are front and rear facing balconies offering exceptional views which fill these units with amazing natural light. Within the unit, you’ll find wood floors, stainless steel appliances and two car garages. The developer intended these units to be leased or purchased by young families, professors, and/or young professionals, so the
finishes are beyond what you would typically find

Property Details

Class
B
Year Built
2023
Stories
2
Units
4

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