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Property profile & analytics
OFF-MARKET
Small apartment buildings

108 Ridge Ln San Juan, TX 78589

Built 2012
Property ID
US82-5541167
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 2012
UPID US82-5541167
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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