Listed by The Agency Austin, LLC
$490,000
1105 W La Pointe Avenue
Details
APN S765700000002000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,312
Units 4
Cap Rate 7.57%
Class A
Year Built 2021
Buildings 2
Acreage 0.264
Parking Spaces 8 spaces
Parking per 1,000 SqFt 1.86
Fully Occupied Multi-Family Investment Opportunity
Marketing description
**Turnkey Investment Opportunity: Fully Leased 4-Plex in Alton, TX**
Secure immediate cash flow with this prime 2021-built quadruplex at 1105 W La Pointe Ave. This high-performing asset is 100% occupied, with all units leased at $1,100/month for a total gross income of $4,400/month. Designed for low maintenance and high tenant retention, each spacious unit features 3 bedrooms, 2 bathrooms, and premium finishes including granite countertops and private fenced backyards.
This is a true turnkey package; all appliances convey with the sale, including refrigerators, ovens, microwaves, washers, and dryers. Each unit also includes a dedicated 2-car carport. Located in a high-growth area, this property offers a "set-it-and-forget-it" advantage for savvy investors looking to expand their portfolio with a modern, stable asset. Built just years ago, it minimizes CapEx while maximizing your ROI from day one. Don't miss this rare, fully occupied gem in the heart of Alton.
Listing Contacts
Listed by The Agency Austin, LLC
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