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    New Alamo Fourplex Investment Opportunity Title is generated by Realmo AI

    432 Acacia Street, Alamo, TX 78516

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    New fourplex in Alamo, TX, with immediate cash flow.

    Type:Multifamily
    Property size:
    3,862 SF
    Price / SF:
    $120/SF
    Added:
    Nov 5, 2024
    Days on Market:
    577
    Last Refresh:
    May 13 at 8:13 pm

    Property Features for 432 Acacia Street

    General Information

    Standard status
    Active
    Size
    3,862 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    2023

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    Listing Contact
    Bryanna Hernandez

    Listing agent Bryanna Hernandez License #TREC # 0755547

    Listing office Imperio Real Estate LLC

    Listing date Nov 5, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Imperio Real Estate LLC

    HighLights

    • Brand new fourplex in a prime location on Tower Rd, close to schools, shopping, and the expressway.
    • Immediate cash flow potential as a great investment opportunity.
    • All units feature private fenced backyards.
    • Includes stainless steel refrigerator, stove, microwave, washer, and dryer in each unit.
    • Modern open concept floor plan with wood‑like tile throughout.
    • Features 8 carport spaces for tenants.

    Overview

    This new fourplex is located on Tower Rd in the Tower Pointe Subdivision, near Bus 83, schools, shopping, and the expressway. The property features a modern, open-concept floor plan with wood-like tile throughout. Two of the units have 2 bedrooms and 2 bathrooms, while the other two units have 3 bedrooms and 2 bathrooms. The kitchens include custom cabinets with modern quartz countertops and ample cabinet space. The bedrooms are spacious and have large closets, including walk-in closets. Each unit has a private, fenced backyard. Stainless steel refrigerator, stove, and microwave are included, as well as a washer and dryer. There are 8 carport spaces included. Tenants are responsible for paying their own utilities. The property size is 3862 square feet, presenting a great investment opportunity with immediate cash flow.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $54.2k $14.04
    − Vacancy −$6.0k −$1.55
    EGI $48.2k $12.49
    − OpEx −$14.5k −$3.75
    NOI $33.8k $8.74
    3,862 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $482.5K
    $422.2K – $562.9K (±1% cap)
    NOI $33,773 @ 7.0% cap · market cap 7.26%
    Second Best
    Apartment 5plus
    $444.2K
    $388.7K – $518.3K (±1% cap)
    NOI $31,095 @ 7.0% cap · market cap 6.69%
    Theoretical Best
    Hotel Hospitality
    $2.91M
    $2.55M – $3.39M (±1% cap)
    NOI $203,624 @ 7.0% cap · market cap 43.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1112
    Latitude
    26.2003

    FAQs

    What type of property is this?
    Quadplex - New fourplex in Alamo, TX, with immediate cash flow.
    Where is this quadplex located?
    The property is located at 432 Acacia Street Alamo, TX.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: Brand new fourplex in a prime location on Tower Rd, close to schools, shopping, and the expressway.; Immediate cash flow potential as a great investment opportunity.; All units feature private fenced backyards.
    More about this property
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