1 / 10Stabilized
$949,900
11-Unit Multifamily in Alvin, TX
Brazoria County, TX · listed Jan 27, 2026 (274 days)
Price per unit compared
This property$86K
Within ~40 mi (242)$100K
Texas median (1,029)$100K
- $/unit
- $86,355
- ▼ 14% vs TX · 38th pct
- Cap rate
- 4%
- ▼ 3.3 pts vs TX median
- NOI
- $38K
- $3,487/unit/yr
- Units
- 11
- 3 bldg · 1969
Financials
- Asking price
- $949,900
- Price per unit
- $86,355
- Price per sq ft
- $66
- Gross rent / year
- Not stated
- Net operating income
- $38,353
- NOI per unit
- $3,487
- Cap rate
- 4%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 11
- Unit mix
- (9) 2 Bedroom Units and (2) 1 Bedroom Units
- Buildings
- 3
- Year built
- 1969
- Building size
- 14,494 sq ft
- Avg unit size
- 1,318 sq ft
- Lot size
- 0.41 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jan 27, 2026
- Days on market
- 274 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1316
About this property
11-Unit Apartment Complex in Alvin, TX! Average Monthly Rents come out to $10,200 per Month! On-Site Parking, Central Laundry Area, These 11 Units consist of (9) 2 Bedroom Units and (2) 1 Bedroom Units! All Units have 1 Full Bathroom and 1 Half Bathroom! Central HVAC, Community Mailboxes, Great Curb Appeal Location! Only 0.6 of a Mile from Highway 35, and 5 Minutes from Highway 6 in Alvin and only 30 minutes from Houston!
Please do not disturb Tenants. For any questions, please contact Robert Graham at!
11-Unit Leased Out Apartment Complex For Sale!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
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