22 units near Concho River
$2,200,000
302 Allen Street, San Angelo, TX 76903
7
Cap Rate
154,000
NOI
Details:
Highlights:
- 3 units- furnished used for traveling nurses 3-6 months
- 96% 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.
Documents:
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3ZERO2-_Jan-2025R.pdf
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Income_Statement_T12-Feb_2025.pdf
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Rent_Roll.March_2025.pdf
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Location
Gallery
