1410 Alamo RdAlamo, TX 78516

For Sale
$750,000

Ten-unit apartment complex, high demand.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully occupied, ten-unit apartment complex located at 1410 S Alamo Road, Alamo, TX 78516. The property consists of three buildings constructed in 1974, situated on a substantial 21,167.98 square foot lot. Each of the ten units features two bedrooms and one bathroom, consistently attracting tenants due to its convenient location and desirable amenities. The property's unique U-shaped building design incorporates a central parking lot, providing secure and convenient parking for residents. The buildings' roofs are interconnected, enhancing both aesthetics and functionality. Adding to the property's appeal is an on-site storage room, presenting a readily available opportunity for conversion into a revenue-generating laundry facility. The complex enjoys easy access to Expy 83, placing residents within close proximity to a variety of dining, entertainment, retail options, and several schools. This multifamily property offers a compelling blend of convenience, community appeal, and significant potential for strong financial returns, making it an ideal addition to any investment portfolio. The asking price for this turnkey investment is $750,000.

Property Details for 1410 Alamo Rd

Property type
Multifamily properties, Apartment buildings
Year Built
1974
Buildings
3
Units
10

Location Insight

City
Alamo
County
Hidalgo
State
Texas
Latitude
26.153668
Longitude
-98.127978
1410 Alamo Rd, Alamo, Texas

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1410 Alamo Rd
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