22-Unit Multifamily Apartment
For Sale
Contact for pricing
302 Allen Street, San Angelo, TX 76903
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 Market91
Property Features for 302 Allen Street
General Information
Standard status
Active
Size
12,864 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
22
Amenities
on-site laundry facility
Building Details
Year Built
1971
Tenancy
Multi
Listing Agency:
STRIVE Commercial Real Estate Advisors
Listed By:
Jennifer Pierson · License #424317-B
Source:
Crexi
Added: May 6
Changed: Jul 22
Last Checked: Aug 3 at 11:36AM
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.
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
Current Use
Lease Details
22
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,622
Businesses Nearby
Explore this area
Business Placement
Demographics for 76903, TX
32,215
Population
14,169
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
78%
High-School Grad
25.0 sq mi
ZIP Area
1,289
Density / Sq Mi
$49,045
Median Household Income
$33,077
Median Earnings
$1,051
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
