1 / 2710-Unit Multifamily in Alamo, TX
TX · listed Dec 2, 2023 (1,061 days)
- $/unit
- $59,000
- ▼ 41% vs TX · 14th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 3 bldg · 1974
Financials
- Asking price
- $590,000
- Price per unit
- $59,000
- Price per sq ft
- $70
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- 10, 2-bedroom and 1-bath units
- Buildings
- 3
- Year built
- 1974
- Building size
- 8,463 sq ft
- Avg unit size
- 846 sq ft
- Lot size
- 0.49 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Dec 2, 2023
- Days on market
- 1,061 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2008
About this property
This multifamily property features three buildings with a total of 10, 2-bedroom and 1-bath units! The property offers quick access to Expy 83 and is surrounded by a variety of dining, entertainment, nearby retail and several schools. It is always in high-tenant demand! The roofs of all three buildings are connected in a U-shape with the parking lot in the middle, providing convenient and secure parking for residents. There is on-site storage room that could be converted into a functional laundry facility which could create an additional revenue stream. Don't miss out on this exceptional opportunity to own a charming multifamily property that combines convenience, community, and potential for strong returns. Schedule a viewing today!
Multifamily | 10 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Alamo, TXStabilized | $580K | $83K$83K | — |
 San Juan, TXStabilized | $690K | $86K$86K | — |
 Alamo, TXNew construction | $650K | $108K$108K | — |
 San Juan, TXValue-add | $849K | $71K$71K | — |
 Donna, TXNewOwner financingStabilized | $425K | $85K$85K | — |
 San Juan, TXStabilized | $750K | $47K$47K | — |