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302 Allen Street, San Angelo, TX, 76903
22-Unit Multifamily Apartment Community

302 Allen Street San Angelo, TX 76903

For Sale
Contact for pricing

Stabilized 22-unit apartment property with on-site laundry and recent electrical, roofing, and HVAC improvements.

Property Size12,864 SF
Price / SF$171.02
Days on Market80

Property Features for 302 Allen Street

General Information

Standard status
Active
Size
12,864 SF
Property subtype
Multifamily

Building Details

Year Built
1971
Listing Agency: STRIVE Commercial Real Estate Advisors
Listed By: Jennifer Pierson · License #424317-B
Source: Crexi
Added: May 6 Changed: Jul 22 Last Checked: Jul 22 at 2:03PM

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 STRIVE Commercial Real Estate Advisors


Investment Insights

Based on property information with market context.

3ZERO2 River Walk Apartments is a 22-unit apartment community offered for sale in San Angelo, Texas. The property includes an on-site laundry facility with owned equipment and offers a blended rental model that includes three fully furnished units leased on 3- to 6-month terms.

The community has completed more than $300,000 in capital improvements over the past five years. Recent work includes replacement of all Federal Pacific electrical panels in 2024, along with new roofing and HVAC systems installed within the last five years.

Additional considerations include the opportunity for further development on the property’s large lot, subject to zoning, as well as the potential to expand the furnished and mid-term rental program beyond the current three units.

Key Highlights

  • 22‑unit apartment community in San Angelo, TX with consistent occupancy and diversified tenant base
  • Over $300,000 in capital improvements completed in the past 5 years
  • Federal Pacific electrical panels fully replaced in 2024

Property Analytics

Location Intelligence

Current Use by Public Records

3zero2 River Walk ... Apartment Complex

Suggested Use

Dental Office Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service Barber Shop Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Stabilized 22-unit apartment property with on-site laundry and recent electrical, roofing, and HVAC improvements.
Where is this apartment building located?
The property is located at 302 Allen Street San Angelo, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 22‑unit apartment community in San Angelo, TX with consistent occupancy and diversified tenant base; Over $300,000 in capital improvements completed in the past 5 years; Federal Pacific electrical panels fully replaced in 2024
More about this property
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