167 Northwest Dr Fredericksburg TX Photo Gallery

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Price: $1,984,000
Address: 167 Northwest Drive
City: Fredericksburg TX 78624
Lot size: 5.67+/- acres
Bedrooms: 36 (12 one bedroom units & 12 two bedroom units)
Baths: 24
Square feet: 23,694
Year Built: 1970
Zoning: ETJ

GREAT INVESTMENT OPPORTUNITY! Don’t miss this chance to own a well established long term rental complex. Nestled on the edge of town, Northwest Hills is a well maintained, multi unit apartment complex that is at 100% occupancy. The complex offers a total of 24 units and 12 of those are 2 bed / 1 bath units while the other half are 1 bed / 1 bath units. Making a total of 36 bedrooms and 24 bathrooms. All units offer brick exterior for low maintenance. Plus every unit comes with covered parking for one car which is a very attractive feature for tenants which not many other complexs offer. Rental rates vary between $700 to $900 making them an affordable place to live in Fredericksburg and has helped keep many tenants in place for years. Located less than a mile from Fredericksburg city limits also make them a very conveniently located for tenants not to mention offer good property appreciation rates for the new owner. All this makes for a great investment opportunity! Contact me today to schedule your own private showing of this unique property!

167 Northwest Dr Fredericksburg TX Photo Gallery

Do you have questions about 167 Northwest Drive, Fredericksburg, TX? If so feel free to contact me any time with any questions and I will be happy to help. Email me at mike@mikestarks.com or call with any questions.

Office (830) 990-8708

Cell  (830) 456-3532

Not what you are looking for? You can also Search for other commercial properties for sale in and around Fredericksburg HERE.