DSCR-Approved 10-Unit Multifamily Property for Sale in Alvin
Tax Shelter in a Growth Resilient Market (Opportunity Zone)
Marketing description
Back on Market at a New Lower Price! Highly sought location just 45 minutes from Downtown Houston! Alvin is experiencing strong population and economic growth, said to be double digits in no time making this a prime investment opportunity with a long-term upside!
✓100% Occupied – Immediate cash flow!
✓No Known Issues – Well-maintained property!
✓On-Site Laundry – Added convenience for tenants!
Property Details:
10 Units – 2 Beds, 1 Bath Each
Lot Size: 12,502 SQFT
Building Size: 7,930 SQFT
Alvin’s market is booming! With continued job growth and rising rental demand, this is a golden opportunity for investors looking to expand their portfolio. This is a prevalent tax shelter opportunity and is located in an opportunity zone. With increasing rents and decreasing insurance the cap rate will scale up allowing for cash flow and upside.
Investment highlights
✓100% Occupied – Immediate cash flow!
✓No Known Issues – Well-maintained property!
✓On-Site Laundry – Added convenience for tenants!
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