MULTIFAMILYRADAR
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22-Unit Multifamily in New Braunfels, TX, photo 11 / 3
Stabilized
$3,999,777

22-Unit Multifamily in New Braunfels, TX

Comal County, TX · listed Apr 21, 2026 (190 days)

Price per unit compared
This property$182K
Within ~40 mi (85)$111K
Texas median (1,029)$100K
$/unit
$181,808
▲ 82% vs TX · 82nd pct
Cap rate
—
 
NOI
$232K
$10,563/unit/yr
Units
22
22 bldg · 2009

Financials

Asking price
$3,999,777
Price per unit
$181,808
Price per sq ft
$4,464
Gross rent / year
$290,940
Net operating income
$232,380
NOI per unit
$10,563
Cap rate
Not stated
Gross yield
7.3%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
22
Unit mix
22 well-maintained manufactured homes, each offering 2 bedrooms and 2 bathrooms
Buildings
22
Year built
2009
Building size
896 sq ft
Avg unit size
41 sq ft
Lot size
24.96 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Apr 21, 2026
Days on market
190 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1174

About this property

Exceptional investment opportunity! This gated mobile home community features 22 well-maintained manufactured homes, each offering 2 bedrooms and 2 bathrooms. Interiors include durable wood-look vinyl flooring throughout with carpeting in both bedrooms, along with a full appliance package—refrigerator, range, and dishwasher. Each home also includes a dedicated utility room with washer and dryer connections for added convenience. Situated on an expansive 24.962-acre tract, the property offers both privacy and room for future growth. The gated entry enhances appeal for residents, while the thoughtfully designed layout provides a comfortable living environment. Ideally located just outside Loop 337, this community is perfectly positioned between New Braunfels and San Antonio, offering easy access to shopping, dining, and major employment centers. Zoned to highly desirable Comal Independent School District. Whether you're looking to expand your investment portfolio or step into a turnkey income-producing property, this mobile home park presents a rare and promising opportunity in a rapidly growing area.

Land,Mobile Home Park,Multifamily • 24.96 Acres

Location

Approximate area. The exact address is shared on request.

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