For Sale
$1,425,000

504 Cleveland CtAlamo Heights, TX 78209

Eight-unit building, fully leased, great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional eight-unit apartment complex presents a lucrative investment opportunity in the desirable Alamo Heights area of Bexar County, Texas. Located at 504 Cleveland Court, 78209, this two-story building sits on a spacious 0.43-acre lot and boasts a consistent track record of full occupancy. The property is zoned OCL, offering potential for future development or expansion. The unit mix comprises four two-bedroom, one-bathroom apartments and four one-bedroom, one-bathroom apartments, catering to a diverse range of tenants. Each unit includes a convenient carport for resident parking. Further enhancing the property's appeal is an on-site laundry facility for the convenience of all occupants. The property's prime location in Alamo Heights, combined with its strong rental history and desirable features, makes it an attractive investment prospect with significant potential for long-term growth and profitability. The asking price for this turnkey operation is $1,425,000. This represents a compelling opportunity to acquire a well-maintained, high-performing multifamily asset in a highly sought-after Texas market.

Property Details for 504 Cleveland Ct

Property type
Apartment buildings
Stories
2
Lot Size (sq. ft)
18,731 SF
Units
8

Location Insight

City
Alamo Heights
County
Bexar
State
Texas
Latitude
29.4785463
Longitude
-98.4600994
504 Cleveland Ct, Alamo Heights, Texas

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504 Cleveland Ct
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