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Laurel Heights Apartments 483 Laurel Ln 72 Unité Immeuble d’appartements À vendre New Braunfels, TX 78130
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Faits saillants de l'investissement
- WELL-RENOVATED ASSET WITH STRONG BASIS AND LIMITED NEAR-TERM CAPEX
- INFILL LOCATION IN THE HEART OF NEW BRAUNFELS
- FAVORABLE UNIT MIX WITH A MAJORITY OF TWO-BEDROOM FLOOR PLANS
Résumé de l'annonce
WELL-RENOVATED ASSET WITH STRONG BASIS AND LIMITED NEAR-TERM CAPEX
Laurel Heights is a 72-unit garden-style apartment community that has undergone a comprehensive interior and exterior renovation under current ownership, with 31 of 72 units (43%) fully renovated to a premium standard. Interior upgrades include new luxury vinyl plank (LVP) flooring throughout, all-new fixtures and hardware, and fully renovated kitchens and bathrooms, with select units offering interior fireplaces. Exterior improvements have also been completed on the property such as fresh exterior paint, upgraded landscaping, enhanced exterior lighting, a renovated leasing office, and the addition of a pet park. The scope of work reflects a disciplined, execution-driven repositioning, materially reducing near-term Capex requirements while providing incoming ownership with a clear, repeatable path for remaining unit upgrades.
FAVORABLE UNIT MIX WITH A MAJORITY OF TWO-BEDROOM FLOOR PLANS
24 one-bedroom units
48 two-bedroom units
This unit mix skews toward larger, functional floor plans, appealing to long-term renters, couples, and small families — a key differentiator in the New Braunfels market where newer developments tend to favor smaller layouts. The predominance of two-bedroom units supports lower turnover, broader renter demand, and stronger rent durability across market cycle.
Laurel Heights is a 72-unit garden-style apartment community that has undergone a comprehensive interior and exterior renovation under current ownership, with 31 of 72 units (43%) fully renovated to a premium standard. Interior upgrades include new luxury vinyl plank (LVP) flooring throughout, all-new fixtures and hardware, and fully renovated kitchens and bathrooms, with select units offering interior fireplaces. Exterior improvements have also been completed on the property such as fresh exterior paint, upgraded landscaping, enhanced exterior lighting, a renovated leasing office, and the addition of a pet park. The scope of work reflects a disciplined, execution-driven repositioning, materially reducing near-term Capex requirements while providing incoming ownership with a clear, repeatable path for remaining unit upgrades.
FAVORABLE UNIT MIX WITH A MAJORITY OF TWO-BEDROOM FLOOR PLANS
24 one-bedroom units
48 two-bedroom units
This unit mix skews toward larger, functional floor plans, appealing to long-term renters, couples, and small families — a key differentiator in the New Braunfels market where newer developments tend to favor smaller layouts. The predominance of two-bedroom units supports lower turnover, broader renter demand, and stronger rent durability across market cycle.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 3,50 AC |
| Nombre d’unités | 72 | Taille du bâtiment | 53 221 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 79% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | Jardin | Année de construction/rénovation | 1985/2022 |
| Classe d’immeuble | C | Ratio de stationnement | 1,97/1 000 pi² |
| Zonage | C-1 | ||
| Type de vente | Investissement |
| Nombre d’unités | 72 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 3,50 AC |
| Taille du bâtiment | 53 221 pi² |
| Occupation moyenne | 79% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1985/2022 |
| Ratio de stationnement | 1,97/1 000 pi² |
| Zonage | C-1 |
Commodités
Commodités des unités
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Traitement des déchets
- Foyer
- Ventilateurs de plafond
- Réfrigérateur
- Tapis
Commodités du site
- Installations de lessive
- Gestionnaire d'immeuble sur place
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 24 | - | 582 |
| 2+1 | 48 | - | 782 |
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Vidéos
Visite extérieure 3D Matterport
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Laurel Heights Apartments | 483 Laurel Ln
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