Description
731 N Tower Road,
Alamo,
TX
78516
Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.
This is an Active listing.
Broker Office Phone Number: 956-465-0011
Copyright © 2025Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Big Realty via Data Source: Greater McAllen Association of Realtors
Appartement
Type de propriété
2017
Année de construction
Donna Independent
Arrondissement scolaire
Donna Independent
Arrondissement scolaire
donna-isd-donna-tx
Schools
Santos Livas
Élémentaire
Vela
Intermédiaire
Psja Memorial H.S.
Secondaire
Historique des prix
| date | price | variance | type |
|---|
| 4/16/2025 | $2,400,000 | 100.01 % | augmenté |
| 11/13/2024 | $1,199,950 | - | Listé |
agent inscripteur: Victor Fuentes
