110 Rdg Ave San Juan, TX 78589
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.