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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 No
HOA Fees $400
Taxes $35,000
Days Active 234
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 LaundryNo
Balcony
Furnished
Laundry LevelLaundry Closet, Washer/Dryer Connection
Exposure
Exterior
GarageNo
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

Similar Listings

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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