2313 Alterman Dr - Dormitory FOR SALE


Temple, TX 76504
$402,000 USD
916-529-1008
2313 Alterman Dr, Temple, TX for Sale
$402,000 USD
Dormitory - FOR SALE
1/12
null | 7% Cap Rate

2313 Alterman Dr
Temple, TX 76504


HIGHLIGHTS

  • Proximity to Schools & Colleges – Close to Western Hills Elementary, Bonham Middle School, Temple High School, Temple College, and Texas A&M Central
  • Prime Location in Temple, TX – Located in a quiet residential neighborhood with convenient access to I-35, Loop 363, and key employment hubs.

OVERVIEW

Now available for sale: a well-maintained duplex located in a quiet, established neighborhood in Temple, TX. Both units are currently leased to responsible tenants under renewable rental agreements, offering flexibility for future occupancy changes or continued rental use. Each unit features a spacious 3-bedroom, 2-bath layout, with comfortable living areas, ample natural light, and functional kitchens. The property is situated on a low-traffic street, providing privacy and peace while remaining close to major roads and local conveniences. Whether you're a homeowner looking to live in one side and rent the other, or a buyer seeking a low-maintenance, income-generating property in a growing market, this duplex presents a valuable opportunity. Property Highlights: ? Fully Occupied – Immediate cash flow or owner-occupancy option upon lease expiration ?? Flexible Leases – Both units under renewable terms ?? Well Kept – Professionally maintained with minimal deferred maintenance ??? Onsite Parking – Each unit has its own designated parking ?? Residential Setting – Quiet neighborhood close to schools, shopping, and healthcare Location Benefits: ?? Nearby Schools: Close to Western Hills Elementary, Bonham Middle School, and Temple High School ?? Colleges: Minutes from Temple College and Texas A&M University–Central Texas ?? Healthcare Access: Less than 10 minutes from Baylor Scott & White Medical Center ?? Commuter Friendly: Quick access to I-35 and Loop 363 This is a rare chance to own a fully leased duplex in one of Central Texas’s most accessible and livable cities. With rental demand steadily growing in the Temple area, this property offers flexibility, stability, and long-term value.

FOR SALE DETAILS

PRICE

$402,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

2

PRICE/UNIT

$201,000

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alterman

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,187 SF

ZONING

-

APN/PARCEL ID

504656

ASK ABOUT THIS PROPERTY

Ravi AlguriRavi AlguriMore Info
916-529-1008

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

Ravi AlguriRavi AlguriMore Info
916-529-1008

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