New Alamo Fourplex Investment
432 Acacia Street Alamo, TX 78516
432 Acacia Street, Alamo, TX, 78516
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For Sale
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New fourplex in Alamo, TX, with immediate cash flow.
Property Size3,862 SF
Price / SF$120.40
Days on Market624
Property Features for 432 Acacia Street
General Information
- Standard status
- Active
- Size
- 3,862 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2023
Listing agency
Imperio Real Estate LLC
Listed by
Bryanna Hernandez · License #TREC # 0755547
Source
Crexi
Added: Nov 5, 2024 Updated: Jul 6 at 7:45AM Checked: Jul 21 at 11:21AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $33,773 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$444.2K
$388.7K – $518.3K
NOI $31,095 @ 7.0% cap · market cap 6.69%
Theoretical Best
Hotel Hospitality
$2.91M
$2.55M – $3.39M
NOI $203,624 @ 7.0% cap · market cap 43.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
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.
