Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.
For sale
$2,400,000
731 N Tower Rd, Alamo, TX 78516
6beds
5baths
24,000sqft
Est.:
Apartment, Multi Family
Built in 2017
-- sqft lot
$2,143,700 Zestimate®
$100/sqft
$-- HOA
What's special
Modern finishesExceptional quality constructionAmple parkingMain thoroughfare
- 116 days
- on Zillow |
- 68 |
- 3 |
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