220 Campeche Ave Alton, TX 78573
This exceptional investment opportunity presents a brand-new, four-unit apartment building situated in Alton, Texas's newest gated community. Completed in 2024, this property comprises two buildings on a spacious 11,221.056 square foot lot. The meticulously designed complex showcases a striking mid-century modern aesthetic with high-end finishes throughout. Each unit boasts luxury features including quartz countertops, modern cabinetry, tile flooring, and an open-concept layout. The unit mix includes two three-bedroom, two-bathroom apartments and two two-bedroom, two-bathroom apartments. The property is ideally located for convenient access to local amenities. High rental demand in the area supports projected rents of $1300-$1350 per unit, promising a strong return on investment. This turnkey property offers an immediate opportunity to capitalize on the thriving Alton rental market. The asking price for this exceptional multifamily investment is $530,000. Don't miss this chance to acquire a truly remarkable property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.