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Listed price in listed location currency (USD).
$2,400,000

0040

MLS® 467850

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 24000 sqft
Garage 
HOA Fees 
Taxes $35,000
Days Active 380
Approx. Age 2017
Avg. Price Per Sqft $100
MLS® Number 467850

Property Address: 731 N Tower Rd, Alamo, TX, 78516-3757

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number467850
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age2017
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2025List Date
$2,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
731 N Tower Rd, Alamo, TX

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