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Property profile & analytics
OFF-MARKET
Apartment buildings

200 4Th St San Juan, TX 78589

Built 1977
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1977
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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