732 W Alice Ave - Multi-Family FOR SALE


Kingsville, TX 78363
$500,000 USD
830-387-6013
732 W Alice Ave, Kingsville, TX for Sale
$500,000 USD
Multi-Family - FOR SALE
1/54
null | Request Cap Rate

732 W Alice Ave
Kingsville, TX 78363


OVERVIEW

This recently renovated 6-unit residential property features a combination of one duplex and one quadplex, offering investors diversified unit layouts and strong income potential in a growing rental market. The property has undergone extensive renovations, providing updated interiors and improved curb appeal while reducing near-term maintenance concerns for a new owner. Several units are already occupied, creating immediate cash flow with additional upside through the lease-up of remaining vacancies. Situated on a centrally located site with convenient access to Texas A&M University-Kingsville, local employers, retail, and major thoroughfares, this property is well-positioned to attract long-term tenants and steady rental demand. Property Highlights: ? 6 Total Residential Units ? One Duplex + One Quadplex Configuration ? Recently Renovated Interiors & Exterior Improvements ? Partial Occupancy Provides Immediate Income ? Opportunity to Increase Cash Flow Through Lease-Up ? Strong Rental Demand in Kingsville Market ? Ideal for Investors Seeking Stabilized + Value-Add Potential ? Convenient Access to Shopping, Employment & TAMUK Whether you are looking to expand your multifamily portfolio or enter the investment market with a manageable asset, 732 W Alice Ave presents an excellent opportunity to acquire a renovated income-producing property with upside remaining.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

-

APN/PARCEL ID

12918

ASK ABOUT THIS PROPERTY

Wes MillerW.C. Miller PropertiesMore Info
830-387-6013

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Wes MillerW.C. Miller PropertiesMore Info
830-387-6013

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