110 Rdg AveSan Juan, TX 78589

Property Details for 110 Rdg Ave

Year built

2012

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a four-unit apartment building located at 110 S Ridge Avenue, San Juan, Texas, 78589. Built in 2012, the property boasts two buildings situated on a spacious 11,464.99 square foot lot. The four units are currently occupied, each offering two bedrooms and two bathrooms. Each unit is equipped with a stove, refrigerator, washer, and dryer, enhancing tenant appeal and minimizing vacancy concerns. The property provides ample parking with eight available carports, addressing a key tenant requirement. Its strategic location near the expressway ensures easy access to major transportation routes, while proximity to restaurants, hospitals, and plazas adds to its desirability. The asking price for this multifamily property is $440,000, representing a compelling investment in a thriving Texas community. This property offers a strong potential for rental income and long-term appreciation, making it an attractive option for both seasoned and new investors in the multifamily market. The property's solid construction and desirable features combine to create a low-maintenance, high-return investment opportunity.

Location Insight

City

San Juan

County

Hidalgo

State

Texas

Latitude

26.2272

Longitude

-98.1493

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