$2,400,000

Apartment In Alamo

  • 24,000 Sqft
  • 1.39 Ac lot
  • Updated: Yesterday
  • 2
    Views for last 30 days
  • 3
  • Source:
    Greater McAllen Association of REALTORS  MLS#467850

About the Property

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 a
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.
  • Property type

    Apartment

  • Floors

    1

  • Year built

    2017

  • Price/sqft

    $100

Features

Explore the Area

731 N Tower Road, Alamo, Texas, United States View on Google Maps
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Big Realty - Edinburg

Joined 9 months ago
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Big Realty - Edinburg
Texas, United States
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37
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2025
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Big Realty - Edinburg
Edinburg, Texas, United States
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Last updated
Yesterday
First listed
Oct 28, 2025
Listing reference
467850
Listing status
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