Avenue One10 is a 192-unit, garden-style multifamily community set on 8.04
acres in Alice, Texas — the commercial hub of Jim Wells County and the wider
South Texas energy corridor. Built in 1981 across 22 two-story buildings, the
property totals 144,434 rentable square feet.
The rent roll is diversified across three floor plans spanning one- and two
bedroom layouts, and every unit is individually metered for electric, gas and
water/sewer — placing all utility costs with the resident and protecting
operating margins from inflation.
A demonstrated interior renovation program, a full community amenity
package, and a supply-constrained local market position Avenue One10 as a
durable, value-add cash-flow asset with a clear runway to rent growth.