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Property profile & analytics
FOR SALE
Small apartment buildings

1012 W La Pointe Ave Alton, TX 78573

Built 2022
Property ID
US82-5134415
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 1012 W La Pointe Avenue in Alton, Texas, 78573. Constructed in 2022, this property boasts a substantial 10,934.86 square foot lot and features four individual units, each designed with modern amenities and finishes. Each unit includes three bedrooms and two bathrooms, offering comfortable living spaces for tenants. The contemporary interiors feature open floor plans, beautiful tile flooring, granite countertops, custom kitchen cabinets, modern lighting, and ceiling fans in the living areas and bedrooms. Stainless steel kitchen appliances, including a refrigerator, stove, and stackable washer and dryer, are included in each unit. Additional features include mini blinds, attractive vanities, and a carport providing parking for two vehicles per unit. A fenced backyard enhances privacy and security. The property is part of a community with a monthly HOA fee covering the gated entrance and front landscaping. This turnkey investment is ideally situated in the Alton/Mission area, offering a strong potential for rental income and appreciation. The asking price for this exceptional property is $515,000.

Property profile
Verified
Property type Small apartment buildings
Year built 2022
UPID US82-5134415
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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