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Property profile & analytics
OFF-MARKET
Apartment buildings

110 Rdg Ave San Juan, TX 78589

Built 2012
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 110 S Ridge Avenue, San Juan, Texas, 78589. Built in 2012, the property boasts two buildings situated on a spacious 11,464.99 square foot lot. The four units are currently occupied, each offering two bedrooms and two bathrooms. Each unit is equipped with a stove, refrigerator, washer, and dryer, enhancing tenant appeal and minimizing vacancy concerns. The property provides ample parking with eight available carports, addressing a key tenant requirement. Its strategic location near the expressway ensures easy access to major transportation routes, while proximity to restaurants, hospitals, and plazas adds to its desirability. The asking price for this multifamily property is $440,000, representing a compelling investment in a thriving Texas community. This property offers a strong potential for rental income and long-term appreciation, making it an attractive option for both seasoned and new investors in the multifamily market. The property's solid construction and desirable features combine to create a low-maintenance, high-return investment opportunity.

Property profile
Verified
Property type Apartment buildings
Year built 2012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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