Riveredge San Angelo

920 Shiloh St San Angelo, TX 76901

920 Shiloh St, San Angelo, TX, 76901
920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901 920 Shiloh St, San Angelo, TX, 76901
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,450,000
Last Verified:
Aug 26, 2024

Daily Email Blast
0 times


Highlights

  • Introduce RUBS and bill back utilities to tenants
  • Increase rents to market rate

Description

The River Edge apartments is a 36 unit apartment complex located in San Angelo TX. This property comprises of both one bedroom, two bedroom, and three bedroom style units. River Edge has several value added opportunities for investors to utilize including: billing tenants back for utilities as well as increasing rents to market rate.

San Angelo, a growing city in West Texas, offers a vibrant investment environment with diverse opportunities in agriculture, energy, and healthcare sectors. The city's strong economic foundation, coupled with its strategic location, fosters business growth and stability. Investors can benefit from San Angelo's supportive business climate and expanding infrastructure. River Edge is located within a few miles of attractions in San Angelo such as Angelo State university and Goodfellow Air Force Base.


Year Built: 1969
Building Size: 36693sq ft
Lot Size: 1.12 acres

Map of 920 Shiloh St, San Angelo, TX, 76901

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.