2712 Eisenhower Ave Mission, TX 78573
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2712 Eisenhower Ave
- Year built
- 2019
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located at 2712 E Eisenhower Avenue in Alton, Texas, zip code 78573. Built in 2019, this property sits on a generous 8,860.104 square foot lot and comprises two buildings. Currently, all four units are leased, generating consistent income. Unit 1 rents for $925, Unit 2 for $950, Unit 3 for $875, and Unit 4 for $875. Each unit boasts two bedrooms and two bathrooms, featuring attractive amenities such as tray ceilings in the living room and granite kitchen countertops with stainless steel appliances. The property is professionally managed, ensuring efficient operations and maximizing returns. A significant upside potential exists through future rent increases to market rates of $975 per unit upon lease renewal or tenant turnover. The asking price for this turnkey investment is $445,000. This property offers a compelling opportunity for investors seeking strong cash flow and appreciation potential in a thriving Texas market. The property is conveniently located in Hidalgo County, offering easy access to local amenities and transportation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.288
- Latitude
- 26.2773
