Magnolia Condominium Townhomes 313 Mill St 4 Unit Apartment Building $2,516,272 CAD ($629,068 CAD/Unit) 5.90% Cap Rate San Marcos, TX 78666
EXECUTIVE SUMMARY
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
finishes are beyond what you would typically find
PROPERTY FACTS
| Price | $2,516,272 CAD |
| Price Per Unit | $629,068 CAD |
| Sale Type | Investment |
| Cap Rate | 5.90% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Building Size | 6,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
1 of 1
Walk Score®
Very Walkable (72)
