For Sale
$530,000

220 Campeche Ave Alton, TX 78573

Luxury 4-unit apartment complex, new construction.

Overview

Added:
Dec 11, 2024
Days on market:
127
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.

Highlights

  • Brand-new, four-unit apartment building in Alton, TX's newest gated community.
  • Completed in 2024, situated on an 11,221 sq ft lot.
  • Mid-century modern design with high-end finishes including quartz countertops and tile flooring.
  • Unit mix: two 3-bed/2-bath and two 2-bed/2-bath apartments; open-concept layouts.
  • Projected rents: $1300-$1350 per unit, strong ROI.
  • Asking price: $530,000.

Property Details for 220 Campeche Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2024
Buildings
2
Units
4

Location Insight

City
Alton
County
Hidalgo
State
Texas
Latitude
26.2914869
Longitude
-98.3191677
220 Campeche Ave, Alton, Texas

FAQs

What type of property is this?
Apartment building - Luxury 4-unit apartment complex, new construction.
Where is the apartment building located?
The property is located at 220 Campeche Ave Alton, TX.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Brand-new, four-unit apartment building in Alton, TX's newest gated community.; Completed in 2024, situated on an 11,221 sq ft lot.; Mid-century modern design with high-end finishes including quartz countertops and tile flooring.
How can I contact the broker?
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220 Campeche Ave
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