1004 Mahala AveAlton, TX 78573

For Sale
$460,000

Four-unit apartment complex, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a beautifully maintained four-unit apartment complex situated within a gated community in Alton, Texas. The property, located at 1004 W Mahala Avenue, boasts a prime location in Hidalgo County, zip code 78573, with coordinates 26.2952846, -98.3228477. Constructed in 2022, this property comprises two buildings situated on a generous 9,314.87 square foot lot. All four units are currently leased, providing immediate cash flow for the investor. Each unit is equipped with all appliances and features attractive tile flooring throughout. High-end finishes include quartz countertops, adding to the overall appeal and desirability of the units. The gated community provides an added layer of security and peace of mind for residents. This turnkey investment is ready for a new owner to step in and enjoy the benefits of a well-maintained, high-demand multifamily property. The asking price for this exceptional property is $460,000. This represents a strong investment opportunity in a growing Texas market.

Highlights

  • Four-unit apartment complex in gated Alton, TX community.
  • Located at 1004 W Mahala Avenue, Hidalgo County, TX 78573 (26.2952846, -98.3228477).
  • New construction (2022) on a 9,314.87 sq ft lot; two buildings.
  • 100% occupied, providing immediate cash flow.
  • All units feature tile flooring, quartz countertops, and appliances.
  • Turnkey investment; asking price $460,000.

Property Details for 1004 Mahala Ave

Property type
Multifamily properties, Apartment buildings
Year Built
2022
Buildings
2
Units
4

Location Insight

City
Alton
County
Hidalgo
State
Texas
Latitude
26.2952846
Longitude
-98.3228477
1004 Mahala Ave, Alton, Texas

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1004 Mahala Ave
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