1008 Ln Pointe AveAlton, TX 78573

For Sale
$515,000

New 4-unit apartment building; strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2022-built, four-unit apartment building is situated on a spacious 10,934.867 sq ft lot in Alton, Texas, zip code 78573. The property boasts a desirable location in the Alton/Mission area and currently generates a substantial monthly rental income of $4,600. Each of the four units features three bedrooms, two bathrooms, and a carport accommodating two vehicles. Modern amenities include beautiful open-space interior design, contemporary tile flooring, granite countertops, modern lighting, custom kitchen cabinets, ceiling fans in the living areas and bedrooms, mini blinds, and elegant vanities. Stainless steel kitchen appliances – refrigerator, stove, stackable washer, and dryer – are included in each unit. A fenced backyard provides added privacy and security. A monthly HOA fee covers the maintenance of the gated entrance. The asking price for this turnkey investment opportunity is $515,000. This property presents a compelling investment opportunity due to its strong rental income, modern features, and desirable location.

Highlights

  • Asking price: $515,000
  • Multifamily property, Apartment Building, 4 units
  • Built in 2022, single building on a 10,934 sq ft lot
  • Generates $4,600 monthly rental income.
  • Each unit features 3 bedrooms, 2 baths, carport for 2 vehicles, stainless steel appliances, and fenced backyard.

Property Details for 1008 Ln Pointe Ave

Property type
Multifamily properties, Apartment buildings
Year Built
2022
Buildings
1
Units
4

Location Insight

City
Alton
County
Hidalgo
State
Texas
Latitude
26.2962978
Longitude
-98.3231561
1008 Ln Pointe Ave, Alton, Texas

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1008 Ln Pointe Ave
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