Four Historic Buildings Available 2 biens | À vendre | 1 436 903 € | New Braunfels, TX

We represent four historical buildings at three addresses on one large street to street parcel in downtown New Braunfels. All four have been in a rental pool for a wedding venture in New Braunfels which is closing in August of this year. The purchaser of the wedding venture, which also includes historical properties, is already under contract, is using the units for guests of the wedding party and is planning to do so going forward. They already have reservations for the units later in the year after closing. Between the wedding venture, a local hotel that uses the units for overflow when they fully book and Airbnb the units generate over $100,000 in gross rental income without actively advertising their availability. The 265 and 267 E Mill St. properties and the original telegraph office in New Braunfels and both are designated historic buildings and sites. The units have been updated to today’s standards, including the bathrooms. The 1,656 square foot home and 800 square foot carriage house at 264 E Bridge Street parcel have
also been updated and all four of the units are outfitted to be overnight rentals. This property and its building would also qualify for historical sites for the buyer according to our seller if the buyer would like to take the property through the process. The properties are back-to-back and are contiguous between the two streets. The area has professional buildings on both streets and one option would be to make the larger 1,656 square foot unit into professional office space and the remaining unit into the rental pool to support the investment.