110 Rdg Ave San Juan, TX 78589
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 110 Rdg Ave
- Year built
- 2012
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Juan
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1493
- Latitude
- 26.2272
