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Property profile & analytics
OFF-MARKET
Apartment buildings

1105 Ln Pointe Ave Alton, TX 78573

Built 2021
Property ID
US82-5025542
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased four-unit apartment building located at 1105 W La Pointe Avenue in Alton, Texas, 78573. Built in 2021, this property sits on a spacious 11,491.128 square foot lot and comprises two buildings. The property features four individual units, each offering three bedrooms and two bathrooms. Modern amenities include granite countertops and tile flooring throughout. Each unit also boasts a private backyard area and two covered parking spaces. The property's prime location offers convenient access to local restaurants, shopping centers, and schools, ensuring high occupancy rates and strong rental demand. The asking price for this turnkey investment is $505,000. Note that interior photos are virtually staged. This property represents a rare chance to acquire a high-performing multifamily asset in a thriving Texas market, offering immediate rental income and significant long-term appreciation potential. The property is currently fully leased, providing a stable and immediate return on investment. This is an exceptional opportunity for investors seeking a low-maintenance, high-yield property in a desirable location. The property's modern design and desirable amenities are sure to attract and retain high-quality tenants.

Property profile
Verified
Property type Apartment buildings
Year built 2021
UPID US82-5025542
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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