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22 units near Concho River

$2,200,000

302 Allen Street, San Angelo, TX 76903

Active
Last Updated: 08/05/2025

144,389

NOI

12,854 sqft

Building Size

Details:
NOI:    $144,389
Building Size:    12,854 sqft
Occupancy:    100%
Class:    C
Units:    22
Year Built:    1971
Floors:    2
Year Last Renovated:    2021
Roof:    2020
Highlights:
  • 3 units- furnished used for traveling nurses 3-6 months
  • 100% occupied
  • Close to downtown, local shops and medical centers
Description:

Nestled across from the picturesque Concho River Walk in San Angelo, TX, 3ZERO2 River Walk offers 22 charming apartment units that
perfectly blend convenience and comfort. Just a short stroll away, residents can explore local shops, dine at inviting restaurants, and enjoy
the serenity of nearby parks. Shannon Medical Center is also a mere 0.8 miles from the property, adding to the location's appeal.

Over $300K has been thoughtfully invested into the property, enhancing both its aesthetic appeal and functionality. Every unit has beenrefreshed, with notable upgrades including 18 sleek new patio doors, privacy-enhancing cedar fences, 12 new HVAC systems, plumbingand all electrical panels are upgraded. Security has been bolstered with the installation of cameras, and the outdoor spaces have beenupgraded with a synthetic grass dog park and a BBQ area complete with a picnic table—perfect for relaxation and social gatherings.

Map:
Documents:
Title
Twelve_Month_Profit_and_Loss_May_2025.pdf
River_Walk-_July_Rent_Roll_-2025.pdf
3ZERO_OM__JUNE-2025.pdf
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Location
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