200 4Th St San Juan, TX 78589
This exceptional investment opportunity presents a four-unit apartment building located at 200 W 4th Street, San Juan, Texas, 78589. The property, built in 1977, sits on a sizable 7,000 square foot lot and boasts a recently installed new roof, minimizing future maintenance concerns. The building comprises four units: two spacious two-bedroom, one-bathroom apartments and two cozy one-bedroom, one-bathroom units, catering to a diverse tenant base. Currently generating rental income, this property offers immediate return on investment with significant upside potential. A key advantage is the inclusion of an adjacent vacant lot, presenting a unique opportunity for expansion, additional development, or the creation of supplementary amenities to further enhance the property's value and rental income. The property's location in a well-established neighborhood near the basilica provides convenient access to local amenities, public transportation, and a tranquil environment. This is a rare chance to acquire a multifamily property with both immediate income and substantial long-term growth prospects. The asking price for this income-generating asset is $200,000.
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.