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The Multifamily Group is proud to present an exclusive opportunity to acquire a portion of Hill Country Resorts, a distinctive property located in Canyon Lake, Texas. Constucted between 1999-2013, the property features 72 two-bedroom units with an average size of 843 square feet. Of these, 48 units, include a “lock-off” feature, enabling conversion into two separate one-bedroom, one-bathroom units. Currently vacant, this portion of Hill Country Resorts was formerly operated as a timeshare. The property is offered free and clear of any existing debt and is being sold free and clear of prior condominium/timeshare encumbrances.
373 April Dr, Canyon Lake, TX 78163
Several Opportunities for Revitalization
Selling Individual Units
Offering Short-Term Rentals
Leasing as Multifamily Apartments
100% 2-Bedroom Units
All New Metal Roofs & Exterior Painted - 2021/2022
48 Units have a Lock-Off Feature Allowing for up to 120 Units
$86,000+ Median Household Income - 5-Mile Radius
A-Rated Comal Independent School District
Commuter Distance to New Braunfels, San Antonio, and San Marcos