Alamo School Lofts in Wichita Falls, Texas, are 40 luxury apartments converted from the historic Alamo Elementary School, offering unique floor plans with modern amenities, stainless appliances, granite tops, built in-unit washer/dryers, with some corporate units. The pet-friendly community features gated access, covered parking, and storage, blending historic character with contemporary living . Units separately metered . 2026 Jan -June Averaged NOI / $260,826= 7.05 % Cap rate Key Features Historic Conversion: The building is a repurposed former elementary school, preserving its original look while creating modern living spaces. Apartment Styles: Offers a mix of open-concept lofts, one-bedroom, and some two-bedroom units, with some being corporate apartments. Modern Amenities: Units include stainless steel appliances, granite countertops, subway tile backsplashes, and luxury vinyl plank flooring. Corporate Units: Fully furnished options with all utilities and internet included, plus in-unit washer/dryers. Community Perks: Pet-friendly, gated access, covered parking, and on-site storage are available (some with extra fees). Unique Character: Features like tall ceilings, large windows, and skylights provide abundant natural light and a unique feel.