Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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