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    1106 Copper Ave San Juan, TX 78589

    For Sale
    $515,000

    Four-unit apartment building, fully leased.

    Property size:
    4,044 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2023-built, four-unit apartment building presents a compelling investment opportunity in the desirable Carrol Estates subdivision of San Juan, Texas. Boasting a total of 4,044 square feet across one building situated on an 8,996.88 square foot lot, this property offers a strong return on investment. Each of the four units features a modern open-concept design, complemented by elegant quartz countertops. Residents enjoy the convenience of two assigned parking spaces per unit and the added privacy of a fenced backyard. The property is fully leased, providing immediate cash flow. Included in each unit are essential appliances: an electric stove/range, microwave, refrigerator, and washer/dryer. Its prime location offers easy access to a variety of amenities, including nearby restaurants, shopping centers, a Walmart, and the convenience of Expressway 83. The property is currently fully occupied, and showings will be available during the option period to ensure tenant privacy. This turnkey investment is ready for a new owner to enjoy immediate returns. The asking price is $515,000.

    Property Features for 1106 Copper Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,044 SF

    Building Details

    Year Built
    2023
    Buildings
    1
    Units
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    San Juan
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1398589
    Latitude
    26.1876915

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, fully leased.
    Where is this multifamily property located?
    The property is located at 1106 Copper Ave San Juan, TX.
    What is the asking price?
    The asking price for this property is $515,000.
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    1106 Copper Ave San Juan, TX 78589
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1106 Copper Ave San Juan, TX 78589
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