1004 Mahala Ave Alton, TX 78573
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1004 Mahala Ave
- Year built
- 2022
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a beautifully maintained four-unit apartment complex situated within a gated community in Alton, Texas. The property, located at 1004 W Mahala Avenue, boasts a prime location in Hidalgo County, zip code 78573, with coordinates 26.2952846, -98.3228477. Constructed in 2022, this property comprises two buildings situated on a generous 9,314.87 square foot lot. All four units are currently leased, providing immediate cash flow for the investor. Each unit is equipped with all appliances and features attractive tile flooring throughout. High-end finishes include quartz countertops, adding to the overall appeal and desirability of the units. The gated community provides an added layer of security and peace of mind for residents. This turnkey investment is ready for a new owner to step in and enjoy the benefits of a well-maintained, high-demand multifamily property. The asking price for this exceptional property is $460,000. This represents a strong investment opportunity in a growing Texas market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3228477
- Latitude
- 26.2952846