137 Old San Antonio RdBoerne, TX 78006

For Sale
$2,599,000

15-Building Senior Living Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity in Boerne, Texas, presents 15 buildings situated on a 3.89-acre lot at 137 Old San Antonio Rd, zip code 78006. The property, currently operating as an independent living facility, underwent renovations in 2023. Each of the fifteen single-story buildings contributes to a total of 15 units, offering significant potential for various uses. The asking price is $2,599,000, translating to $173,266.67 per unit. The property enjoys a prime location in a rapidly growing area of Boerne, adjacent to both a school district campus (BISD) and an apartment complex, ensuring high visibility and convenient access. The R2-M zoning designation further enhances its versatility and appeal to a wide range of potential investors and developers. This fee-simple ownership opportunity is ideal for those seeking a substantial return in a thriving Texas market. The property is conveniently located in Kendall County. Serious inquiries only, by appointment. Please do not disturb tenants or owners.

Highlights

  • 3.89 acres with 15 buildings.
  • Located in a rapidly developing area with abundant existing and new businesses.
  • R2-M zoning.
  • Adjacent to Beaumont ISD property to the south.
  • Bordering apartment complex to the north.
  • Strictly by appointment only; please do not disturb occupants.

Property Details for 137 Old San Antonio Rd

Property type
Retirement homes, Multifamily properties
Class
B
Buildings
15
Stories
1
Lot Size (sq. ft)
169,448 SF
Units
15

Location Insight

City
Boerne
County
Kendall
State
Texas
Latitude
29.7615146
Longitude
-98.7055154
137 Old San Antonio Rd, Boerne, Texas

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137 Old San Antonio Rd
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