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100 Shady Riv Rd Junction, TX 76849

For Sale
$350,000

Four-unit apartment complex, consistent rental income.

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional investment opportunity presents a four-unit multi-family property located at 100 Shady River Rd, Junction, TX. Priced at $350,000, this property offers a strong return on investment due to its consistent rental history over several years. The high demand for rental units in this market is further underscored by a waiting list of prospective tenants. Each of the four units is a two-bedroom, one-bathroom apartment featuring a combined kitchen and dining area. Two units have undergone recent updates, ensuring all units are well-maintained and ready for immediate occupancy. Adding to the property's appeal, the first-floor units provide convenient access to a shared backyard area via sliding doors. The complex also boasts six covered parking spaces, providing ample parking for residents. This turnkey investment is ideal for those seeking a stable and profitable rental portfolio in a thriving market with limited rental options. The existing tenant base and waiting list promise immediate cash flow, making this a truly compelling opportunity for discerning investors. The property's solid construction and desirable features ensure long-term value and potential for future appreciation. This is a rare chance to acquire a well-established multi-family property in a high-demand location.

Property Features for 100 Shady Riv Rd

General Information

Property type
Residential income properties

Location Intelligence

Current Use by Public Records

Multifamily properties

Map

City
Junction
County
Kimble
State
Texas
Longitude
-99.77721
Latitude
30.50036

FAQs

What type of property is this?
Residential income property - Four-unit apartment complex, consistent rental income.
Where is this residential income property located?
The property is located at 100 Shady Riv Rd Junction, TX.
What is the asking price?
The asking price for this property is $350,000.
More about this property
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