Property summary
This exceptional 20-unit apartment building, located at 2511 S Hwy 35 in Alvin, Texas, presents a compelling investment opportunity. Boasting 21,640 square feet on an 81,457 square foot lot, the property currently enjoys a 90% occupancy rate, generating a Net Operating Income (NOI) of $167,574. A pro-forma NOI of $212,738 indicates significant upside potential. The property includes 42 parking spaces, a key amenity for residents. The well-maintained units benefit from low tenant turnover… due to a long-term owner's commitment to tenant satisfaction and retention. All units are included in the sale. Situated in the thriving Houston suburb of Alvin, this property benefits from its proximity to major employment centers, including the Port of Houston, and enjoys easy access to recreational opportunities in nearby Kemah, Galveston, and Pearland. The planned expansion of Hwy 35 Bypass into the Grand Parkway is projected to positively impact land value, further enhancing the long-term investment potential. This is a rare opportunity to acquire a stable, high-performing multifamily asset in a rapidly growing market. The property's strong performance, coupled with its strategic location and future development prospects, makes it an ideal addition to any investment portfolio. Detailed financial statements are available upon request.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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