San Juan Multifamily Investment
For Sale
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412 W Expressway 83 Highway, San Juan, TX 78589
16-unit apartment complex in San Juan, TX, great investment opportunity.
Property Size12,060 SF
Price / SF$62.19
Days on Market569
Property Features for 412 W Expressway 83 Highway
General Information
Standard status
Active
Size
12,060 SF
Property subtype
Multifamily
Building Details
Year Built
1986
Buildings
2
Units
16
Listing Agency:
Real Broker LLC
Listed By:
Alex Cuevas
Source:
Crexi
Added: Feb 12, 2025
Changed: Aug 25
Last Checked: Sep 2 at 4:19AM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
This well-maintained 16-unit apartment complex is located in San Juan, TX, and offers a solid investment with stable cash flow. The property consists of multifamily and residential income properties. The property is 12,060 square feet. All units are individually metered for electricity, allowing for reduced owner expenses. The property is mainly occupied with long-term, stable tenants, reflecting strong rental demand and consistent income. This is an excellent opportunity for investors seeking a turnkey multifamily asset with reliable occupancy in a growing area of the Rio Grande Valley. It is located close to the expressway, Costco, Sam's, and other major shopping areas in San Juan.
Key Highlights
- Stable cash flow from a well‑maintained 16‑unit apartment complex.
- High occupancy with long‑term, stable tenants.
- Individually metered electricity for each unit, reducing owner expenses.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
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 - 16-unit apartment complex in San Juan, TX, great investment opportunity.
Where is this apartment building located?
The property is located at 412 W Expressway 83 Highway San Juan, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Stable cash flow from a well‑maintained 16‑unit apartment complex.; High occupancy with long‑term, stable tenants.; Individually metered electricity for each unit, reducing owner expenses.
