303 Ridge LnSan Juan, TX 78589

Property Details for 303 Ridge Ln

Year built

2012

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional four-unit apartment building, located at 303 S Ridge Lane in San Juan, Texas, presents a compelling investment opportunity. Built in 2012, the property boasts a desirable location in Hidalgo County, zip code 78589, and sits on a spacious 11,464.99 square foot lot. The building comprises four units, each featuring two bedrooms and two bathrooms. Recent renovations have enhanced the aesthetic appeal and functionality of the apartments. Each unit includes a fully equipped kitchen with all appliances, adding to the convenience and desirability for tenants. A significant advantage is the inclusion of a washer and dryer in each unit, a highly sought-after amenity. The stylish clay roof adds to the property's curb appeal. Ample parking is provided by a carport with capacity for up to eight vehicles, ensuring convenient parking for residents and guests. The property's prime location and modern amenities make it an attractive option for renters, promising strong occupancy rates and a stable income stream for the investor. The asking price for this turnkey investment is $455,000. This represents a rare opportunity to acquire a well-maintained, high-demand multifamily property in a thriving Texas market.

Location Insight

City

San Juan

County

Hidalgo

State

Texas

Latitude

26.2272

Longitude

-98.1528

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