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Property profile

901 Maryland St Alton, TX 78573

OFF-MARKET
Apartment buildings
Built 2023
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed four-unit apartment building located at 901 N Maryland Street in Alton, Texas, 78573. Built in 2023, this property sits on a spacious 12,283.92 square foot lot and comprises two buildings. The property is comprised of four units, each boasting three bedrooms and two bathrooms. Three of the four units are currently leased, providing immediate rental income. Each unit is equipped with modern amenities including granite countertops and tile flooring. Residents enjoy the convenience of private backyard areas and two covered parking spaces per unit. The property's strategic location offers easy access to local restaurants, shopping centers, and schools, enhancing its appeal to tenants and maximizing its long-term investment potential. The asking price for this turnkey investment is $530,000. Please note that the interior photos are virtually staged. This property represents a strong addition to any investment portfolio, offering both immediate cash flow and significant future appreciation potential within Alton's thriving real estate market. The property's modern design and desirable features are sure to attract high-quality tenants for years to come.

Property profile

Verified
Property type Apartment buildings
Year built 2023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

901 Maryland St Alton, TX 78573
Alton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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