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Property profile & analytics
OFF-MARKET
Small apartment buildings

220 Campeche Ave Alton, TX 78573

Built 2024
Property ID
US82-5047437
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 2024
UPID US82-5047437
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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