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Property profile & analytics
OFF-MARKET
Small apartment buildings

219 Diamond Ave Alton, TX 78573

4,180 SF Built 2024
Property ID
US82-5006891
Property summary
AI-generated overview

This exceptional 10-unit apartment building presents a compelling investment opportunity in the thriving city of Alton, Texas. Completed in 2024, this new construction property boasts a total of 4,180 square feet situated on a generous 9,962.17 square foot lot. The property comprises two buildings, offering a convenient and efficient layout. Each unit is equipped with modern amenities including new appliances, elegant granite countertops, a functional kitchen island, and stylish tile flooring throughout. The strategic location on W Diamond Avenue provides excellent visibility and accessibility, placing residents within easy reach of a variety of shopping and dining establishments via nearby N Conway. The asking price for this turnkey multifamily investment is $519,000. This property represents a strong potential for immediate rental income and long-term appreciation in a rapidly growing market. The property's modern design and prime location make it an attractive option for tenants, ensuring high occupancy rates and a stable income stream. This is a rare opportunity to acquire a high-quality, newly constructed multifamily property in a desirable location.

Property profile
Verified
Property type Small apartment buildings
Year built 2024
Total area 4,180 SF
UPID US82-5006891
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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