108 Ridge LnSan Juan, TX 78589

For Sale
$445,000

Four-unit apartment building, fully rented.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • Four-unit apartment building in San Juan, TX, on an 11,464.99 sq ft lot.
  • Built in 2012, currently fully rented.
  • Asking price: $445,000.
  • Prime location offering easy access to major expressways and amenities.
  • Turnkey investment with immediate cash flow potential.

Property Details for 108 Ridge Ln

Property type
Multifamily properties, Apartment buildings
Year Built
2012
Buildings
2
Units
4

Location Insight

City
San Juan
County
Hidalgo
State
Texas
Latitude
26.2274708
Longitude
-98.1506982
108 Ridge Ln, San Juan, Texas

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108 Ridge Ln
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