Listed by Century 21 Tevas
$1,350,000
102 W. Sealy
Details
Property Type Land, Special Purpose
Sub Type Commercial, Other
Net Rentable (SqFt) 9,297
Units 5
Cap Rate 8.31%
NOI $112,146
Occupancy 80%
Pro-Forma Cap Rate 12.43%
Pro-Forma NOI $167,856
Class B
Year Built 1908
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.500
Investment Type Owner/User
Occupancy Date 07/31/2021
Ownership Full
Downtown Alvin Historic Building
Marketing description
Investment Highlights
Solid Rental History – Long-standing tenants and consistent occupancy make this a dependable income-producing asset.
Alvin Centerpiece Property – A historic and recognizable building in the heart of Alvin’s downtown district, surrounded by established businesses and community growth.
High Visibility – Benefit from a 13,881 daily traffic count , providing excellent exposure for tenants and potential future uses.
Located in an Economic Opportunity Zone – Take advantage of potential tax incentives and long-term growth benefits in this designated area.
Motivated Seller – An excellent opportunity for savvy investors or business owners ready to take advantage of favorable terms.
Own a Piece of Alvin History! Step into the charm and character of early Texas craftsmanship with this beautifully preserved 2-story brick building , originally built in 1908 . Located in the heart of Alvin at 102 W Sealy Street , this Class B commercial property offers a rare opportunity to invest in a true local landmark.
The building has undergone thoughtful updates, including electrical and HVAC improvements , while maintaining its historical integrity. With 5 mixed-use units , a working elevator , and numerous office spaces , this versatile property is ideal for business owners, investors, or anyone seeking a unique space with built-in character and function.
Don’t miss your chance to own a remarkable piece of Texas history—schedule your tour today!
Investment highlights
Investment Highlights
Solid Rental History – Long-standing tenants and consistent occupancy make this a dependable income-producing asset.
Alvin Centerpiece Property – A historic and recognizable building in the heart of Alvin’s downtown district, surrounded by established businesses and community growth.
High Visibility – Benefit from a 13,881 daily traffic count, providing excellent exposure for tenants and potential future uses.
Located in an Economic Opportunity Zone – Take advantage of potential tax incentives and long-term growth benefits in this designated area.
Motivated Seller – An excellent opportunity for savvy investors or business owners ready to take advantage of favorable terms.
Listing Contacts
Listed by Century 21 Tevas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,146.00
$9,345.50/mo
Valuation Metrics
0
DSCR
8.31%
Cap Rate
8.31%
ROI
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