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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $2,400,000 | $100 | Big Realty |
Year | Annual Amount | Description |
---|---|---|
2024 | $35,000 |
Elementary School Capt D Salinas Ii Elementary | 0.3 miles away | PK - 05 | |
Elementary School Gus Guerra Elementary | 0.6 miles away | PK - 05 | |
Elementary School Franklin Elementary | 0.8 miles away | PK - 05 |