1810 Koster Rd - Apartments FOR SALE


Alvin, TX 77511
$649,000 USD
281-729-6604
1810 Koster Rd, Alvin, TX for Sale
$649,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

1810 Koster Rd
Alvin, TX 77511


OVERVIEW

Introducing a rare and exceptional investment opportunity in Alvin, Texas - an 8-unit apartment complex that portrays lucrative real estate potential. Situated in a prime location, this stunning property offers a blend of modern amenities, convenient access to urban conveniences, and the allure of small-town charm. Property Highlights: Prime Location: Nestled in a peaceful and picturesque Alvin neighborhood, this apartment complex offers the best of both worlds - tranquility and accessibility. It's just moments away from local schools, parks, shopping, and dining, making it highly desirable for potential tenants. Contemporary Design: The apartment complex showcases a contemporary architectural design that seamlessly blends with the surrounding landscape. Each unit is thoughtfully designed with open floor plans and large windows that flood the spaces with natural light. Investor's Dream: With a solid rental history, this property boasts impressive cash flow potential. Each unit is meticulously maintained and boasts top-of-the-line appliances, making it an attractive proposition for both tenants and investors. Spacious Living: The generously sized units offer ample living space, including well-appointed kitchens, cozy living rooms, and comfortable bedrooms. Residents will appreciate the laundry matt on site for the convenience of washing clothes. Outdoor Amenities: A spacious communal area is perfect for outdoor relaxation. Enjoy barbecues, picnics, or simply take in the beautiful Texan sunsets. This complex also offers ample parking for residents and guests. Local Attractions: Alvin is known for its rich history, cultural events, and vibrant community. Residents have easy access to local attractions such as the Alvin Historical Museum, Alvin Community College, and the Gordon Street Tavern. Easy Commute: Conveniently located near major roadways and transportation options, residents can easily access nearby cities such as Pearland, Friendswood, and Houston, making it ideal for those who seek city connections without the hustle and bustle. This 8-unit apartment complex in Alvin is more than just a real estate investment; it's a lifestyle investment. Whether you're a seasoned investor seeking an income-producing asset or someone looking to capitalize on the growing demand for quality housing in Alvin, this property offers the perfect blend of luxury, convenience, and potential. Don't miss out on this fantastic opportunity to own a piece of Alvin's burgeoning real estate market. Contact us today to schedule a viewing and experience the promise of upscale living and solid returns in this thriving community.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

8

PRICE/UNIT

$81,125

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,593 SF

ZONING

Multi-Family Residential

APN/PARCEL ID

6615-0012-000

ASK ABOUT THIS PROPERTY

Austin JonesKW Commercial | KW Houston CentralMore Info
281-729-6604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Austin JonesKW Commercial | KW Houston CentralMore Info
281-729-6604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.