Abolengo Properties LLC
Listed by Abolengo Properties LLC
$849,000
502 Miguel Hidalgo Street
Details
APN T490500006000400
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 6,600
Units 12
Year Built 1996
Buildings 1
Acreage 0.275
Multifamily | 12 Units
Marketing description
502 Miguel Hidalgo Street, San Juan, Texas — Well-maintained 12-unit multifamily apartment complex built in 1996, featuring a practical two-story 6-up / 6-down layout. The property offers stable in-place income with strong upside potential, as current rents remain below prevailing market levels in San Juan. Recent capital improvements include a new roof and most A/C units replaced, reducing near-term maintenance. Several units feature decorative epoxy-coated concrete flooring, providing a clean, durable, low-maintenance finish. Each unit is individually metered for electricity and water, allowing tenants to pay their own utilities and helping keep operating expenses efficient. The property does not have washer/dryer connections, helping avoid maintenance and plumbing issues, and a conveniently located laundromat is nearby. Solid rental history, desirable location, and clear value-add opportunity make this an attractive multifamily investment.
Listing Contacts
Abolengo Properties LLC
Listed by Abolengo Properties LLC
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