414 Alexander Ave, New Braunfels, TX 78130
Approved short-term rental property near Creekside in New Braunfels.
- Added:
- Jun 6, 2024
- Days on Market:
- 744
- Last Refresh:
- May 12 at 10:33 pm
Property Features for 414 Alexander Ave
General Information
- Standard status
- Active
- Size
- 2,428 SF
- Property subtype
- Industrial
Listing agent Chris Bowers License #TX
Listing office Coldwell Banker Commercial - Alamo City (210) 643-9362
Listing date Jun 6, 2024
Source Crexi
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 Coldwell Banker Commercial - Alamo City
HighLights
- Approved for Short Term Rental (STR) use.
- Located adjacent to the Creekside commercial area.
- Upscale finishes throughout the home.
- Gourmet kitchens.
- Spa‑inspired bathrooms.
- Exquisite outdoor living spaces.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.6k | $22.08 |
| − Vacancy | −$9.5k | −$3.91 |
| EGI | $44.1k | $18.17 |
| − OpEx | −$11.0k | −$4.54 |
| NOI | $33.1k | $13.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.0725
- Latitude
- 29.6944
