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Property profile & analytics
OFF-MARKET
Apartment buildings

421 Acacia St Alamo, TX 78516

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building in Alamo, Texas, at 421 E Acacia Street, zip code 78516. Built in 2024, this property boasts a desirable location in a rapidly growing neighborhood, promising strong rental income and potential for appreciation. The property sits on a spacious 10,890 square foot lot and comprises two buildings. The unit mix offers a balance of sizes: two units feature three bedrooms and two bathrooms each, while the remaining two units provide two bedrooms and two bathrooms each. This configuration caters to a diverse range of renters, maximizing occupancy potential. The asking price for this turnkey investment is $515,000. Its convenient location offers easy access to major commuting routes, adding to its appeal for tenants. This property represents a compelling opportunity for investors seeking a well-maintained, high-demand multifamily asset in a thriving Texas market. The property's new construction status minimizes maintenance concerns and ensures modern amenities for tenants. This fourplex is ready for immediate income generation or expansion of an existing portfolio. The combination of location, unit mix, and new construction makes this a truly attractive investment.

Property profile
Verified
Property type Apartment buildings
Year built 2024
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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