Riverfront Apartment
For Sale
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1045 SANGER AVE, New Braunfels, TX 78130
48-unit apartment community positioned along the Guadalupe River in New Braunfels, Texas.
Property Size36,192 SF
Days on Market51
Property Features for 1045 SANGER AVE
General Information
Standard status
Active
Size
36,192 SF
Property subtype
Multifamily
Occupancy
80%
Investment Type
Value Add
Additional Details
Highway Access
Yes
Multifamily Units
48
Building Details
Year Built
1997
Buildings
3
Stories
1
Units
48
Listing Agency:
Oldham Goodwin Group
Listed By:
Steve Monroe · License #561910
(210) 426-1800
Source:
Crexi
Added: Jul 20
Changed: Sep 5
Last Checked: Sep 8 at 5:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oldham Goodwin Group
Investment Insights
Based on property information with market context.
Mill Bridge Apartments is a 48-unit apartment community presented for sale by OLDHAM GOODWIN. The property is positioned along the Guadalupe River and offers direct adjacency to the historic Faust Street Bridge.
The community is described as minutes from Interstate 35, supporting convenient access to employers, healthcare facilities, retail destinations, and entertainment throughout the Austin–San Antonio corridor.
According to the available information, the units have already demonstrated successful rent growth through interior upgrades. This provides a clear platform for continued renovations to support ongoing revenue and long-term value.
The community is described as minutes from Interstate 35, supporting convenient access to employers, healthcare facilities, retail destinations, and entertainment throughout the Austin–San Antonio corridor.
According to the available information, the units have already demonstrated successful rent growth through interior upgrades. This provides a clear platform for continued renovations to support ongoing revenue and long-term value.
Key Highlights
- Mill Bridge Apartments is a 48‑unit apartment community in New Braunfels, TX
- Year built: 1997
- Located along the Guadalupe River, adjacent to the historic Faust Street Bridge
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 48-unit apartment community positioned along the Guadalupe River in New Braunfels, Texas.
Where is this apartment building located?
The property is located at 1045 SANGER AVE New Braunfels, TX.
What are key features of this property?
This property features: Mill Bridge Apartments is a 48‑unit apartment community in New Braunfels, TX; Year built: 1997; Located along the Guadalupe River, adjacent to the historic Faust Street Bridge
