A rare opportunity to live by the river and own 7 units multifamily apartment complex with a million dollar view in New Braunfels, the fastest growing city in South Texas. The property sits on almost an acre land, and on the high bank of Guadalupe river, just a couple of block away from IH35. Neighborhood is conveniently located near Schlitterbahn water park, Landa Park Golf Course, and Historical Downtown New Braunfels! Tanger & Prime outlet mall is only 12 miles away! Kayaking, paddle boarding, or swimming from your own water front back yard! Many unites have been used as AirBnB in the past. This property has two large 3-bedroom, 2-bath apartments, one efficiency, four 1-bedroom apartments. The apartments currently are 100% occupied. Most tenants have stayed many years. (Up to 12 years.) The shaded yard is facing beautiful river. The river level will be higher after the dam completion in later (Per seller after July 31, 2023). The Upstairs large apartment and the efficiency unit have large windows in their living rooms with river view.