5105 N Raul Longoria Road, San Juan, TX 78589
Two buildings with seven units, great investment opportunity.
- Added:
- Nov 11, 2023
- Days on Market:
- 947
- Last Refresh:
- May 13 at 8:18 pm
Property Features for 5105 N Raul Longoria Road
General Information
- Standard status
- Active
- Size
- 1,972 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1987
Listing agent Jesus Gonzalez License #787041
Listing office Capital Advisors Real Estate Group
Listing date Nov 11, 2023
Source Crexi
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 Capital Advisors Real Estate Group
HighLights
- Seven apartments, each with two bedrooms and one bathroom, providing comfortable living spaces.
- Prime location offering high desirability and significant value.
- Consists of two buildings and a total of seven units, maximizing rental income potential.
- Includes two trailers, offering additional rental units or alternative housing options.
- Fantastic investment opportunity in the real estate market.
- Year Built: 1987
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.7k | $16.56 |
| − Vacancy | −$3.8k | −$1.92 |
| EGI | $28.9k | $14.64 |
| − OpEx | −$13.0k | −$6.59 |
| NOI | $15.9k | $8.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Juan
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.146211
- Latitude
- 26.2410581
