723 Tower Rd Alamo, TX 78516
- Apartment buildings
- 7,812 SF
- 0.47 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 723 Tower Rd
- Year built
- 2016
- Lot size
- 0.47 lot acres
- Property size
- 7,812 SF
- Zone code
- RS
- Property type
- Apartment buildings
- APN
- S3090-00-000-0005-00
- APU
- S309000000000500
Description
This exceptional investment opportunity presents a fully rented, eight-unit apartment building located at 723 N Tower Road in Alamo, Texas, 78516. Built in 2016, this well-maintained property boasts a total of 7,812 square feet across three buildings situated on a spacious 20,498.9 square foot lot. Each of the eight units is generously sized, featuring an open layout, large bedrooms, and a sizable island in the kitchen. The spacious design creates a comfortable and home-like atmosphere, exceeding typical apartment living expectations. The property's strong occupancy rate ensures immediate cash flow for the investor. The asking price for this turnkey investment is $799,950. This property is ideally located in Alamo, Hidalgo County, Texas, offering excellent potential for both rental income and future appreciation. The property's strong tenant base and desirable features make it a compelling investment opportunity in a thriving market. This is a must-see property for any serious investor seeking a stable and profitable addition to their portfolio. The property's location in Alamo, TX provides easy access to local amenities and services.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alamo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1098
- Latitude
- 26.1929
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
