219 Diamond Ave Alton, TX 78573
- Small apartment buildings
- 4,180 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 219 Diamond Ave
- Year built
- 2024
- Property size
- 4,180 SF
- Property type
- Small apartment buildings
Description
This exceptional 10-unit apartment building presents a compelling investment opportunity in the thriving city of Alton, Texas. Completed in 2024, this new construction property boasts a total of 4,180 square feet situated on a generous 9,962.17 square foot lot. The property comprises two buildings, offering a convenient and efficient layout. Each unit is equipped with modern amenities including new appliances, elegant granite countertops, a functional kitchen island, and stylish tile flooring throughout. The strategic location on W Diamond Avenue provides excellent visibility and accessibility, placing residents within easy reach of a variety of shopping and dining establishments via nearby N Conway. The asking price for this turnkey multifamily investment is $519,000. This property represents a strong potential for immediate rental income and long-term appreciation in a rapidly growing market. The property's modern design and prime location make it an attractive option for tenants, ensuring high occupancy rates and a stable income stream. This is a rare opportunity to acquire a high-quality, newly constructed multifamily property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3145537
- Latitude
- 26.2922352
