Two-Story Garden Apartment
1640 Aquarena Springs Dr San Marcos, TX 78666
1640 Aquarena Springs Dr, San Marcos, TX, 78666
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For Sale
Contact for pricing
Pending
Two-story garden apartment community with 162 units on 7.88 acres and more than $1 million in recent capital improvements.
Lot Size7.88 Acres
Days on Market103
Property Features for 1640 Aquarena Springs Dr
General Information
- Standard status
- Pending
- Lot size
- 7.88 Acres
- Property subtype
- Multifamily
Listing agency
Walker & Dunlop, Inc.
Listed by
Spencer Roy · License #TX 738683
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 4:47PM Checked: Jul 21 at 6:25AM
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 Walker & Dunlop, Inc.
Investment Insights
Based on property information with market context.
Aqua 16 is a two-story, 162-unit garden apartment community offered as fee simple. The property is situated on 7.88 acres and includes recent capital improvements totaling more than $1 million, focused on common areas, landscaping, and unit interiors. New ownership has opportunities to build on the existing upgrade program, including the proven “Designer” unit upgrade that has generated monthly rent premiums of $200.
The community has frontage on the west side of Interstate Highway 35 (I-35) and is located less than one mile from Texas State University, which enrolls 39,000 students. San Marcos sits between Austin and San Antonio.
Additional income enhancement options referenced for Aqua 16 include expanding the all-in-one washer dryers and adding more private fenced-in yards.
The community has frontage on the west side of Interstate Highway 35 (I-35) and is located less than one mile from Texas State University, which enrolls 39,000 students. San Marcos sits between Austin and San Antonio.
Additional income enhancement options referenced for Aqua 16 include expanding the all-in-one washer dryers and adding more private fenced-in yards.
Key Highlights
- Two‑story 162‑unit garden apartment community in San Marcos, TX
- Located on 7.88 acres with frontage on the west side of I‑35
- Less than 1 mile from Texas State University (39,000 students)
Property Analytics
Location Intelligence
Current Use by Public Records
AQUA 16 Apartments
Apartment Complex
Mechanic DJ
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Diamond Integrity, LLC
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FAQs
What type of property is this?
Apartment building - Two-story garden apartment community with 162 units on 7.88 acres and more than $1 million in recent capital improvements.
Where is this apartment building located?
The property is located at 1640 Aquarena Springs Dr San Marcos, TX.
What are key features of this property?
This property features: Two‑story 162‑unit garden apartment community in San Marcos, TX; Located on 7.88 acres with frontage on the west side of I‑35; Less than 1 mile from Texas State University (39,000 students)
