108 Ridge Ln San Juan, TX 78589
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 108 Ridge Ln
- Year built
- 2012
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully rented four-unit apartment building situated on a substantial 11,464.99 square foot lot in the thriving city of San Juan, Texas. Constructed in 2012, this property comprises two buildings, offering a total of four rental units. The asking price is $445,000. This multifamily property is ideally positioned for investors seeking immediate cash flow and strong potential for future appreciation. Its prime location offers convenient access to major expressways, ensuring easy commutes for residents. Proximity to hospitals and other essential amenities further enhances its desirability. The property's solid construction and established tenancy make it an attractive proposition for both seasoned investors and those new to the market. The 2012 construction date suggests relatively low maintenance needs in the near future, contributing to a potentially strong return on investment. This turnkey investment is ready for immediate ownership and income generation. The property's size and location within the growing city of San Juan, Texas, present a compelling opportunity for long-term growth and profitability. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Juan
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1506982
- Latitude
- 26.2274708
