For Sale
$495,000

1009 Mahala Ave Alton, TX 78573

Fourplex, 2023 Construction, Fully Leased

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a fully leased fourplex located at 1009 W Mahala Avenue in Alton, Texas, 78573. Built in 2023, this property boasts two buildings situated on a generous 9,199.87 square foot lot. The four units are comprised of two-bedroom, two-bathroom floor plans, each offering just over 900 square feet of living space. The property is part of the gated Sunset Valley Apartments Subdivision, providing residents with added security and peace of mind. Conveniently located off Trosper Boulevard, this property offers easy access to W Main Avenue and Alton Boulevard, ensuring excellent accessibility for residents and potential tenants. All units are currently leased, providing immediate cash flow for the investor. The asking price for this turnkey investment is $495,000. This represents a rare opportunity to acquire a newly constructed, fully occupied multifamily property in a desirable location. The property's modern construction and prime location make it an attractive investment for both seasoned and new investors seeking strong returns. Don't miss this chance to add a high-performing asset to your portfolio.

Highlights

  • $495,000 asking price.
  • Four-unit multifamily apartment building.
  • Built in 2023.
  • Two buildings on a 9,199 sq ft lot.
  • Located at 1009 W Mahala Avenue, Alton, TX 78573.
  • All units currently leased.

Property Details for 1009 Mahala Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2023
Buildings
2
Units
4

Location Insight

City
Alton
County
Hidalgo
State
Texas
Latitude
26.2952573
Longitude
-98.3226246

FAQs

What type of property is this?
Apartment building - Fourplex, 2023 Construction, Fully Leased
Where is the apartment building located?
The property is located at 1009 Mahala Ave Alton, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: $495,000 asking price.; Four-unit multifamily apartment building.; Built in 2023.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1009 Mahala Ave
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