8092 County Road 604 - Apartments FOR SALE


Alvarado, TX 76009
$3,249,000 USD
817-475-2397
8092 County Road 604, Alvarado, TX for Sale
$3,249,000 USD
Apartments - FOR SALE
1/21
null | 5.09% Cap Rate

8092 County Road 604
Alvarado, TX 76009


HIGHLIGHTS

  • Discover the multitude of possibilities forthis newly constructed one story apartment building. Functionally designed, the complex features 16 one-be

OVERVIEW

Discover the multitude of possibilities for this newly constructed one story apartment building. Functionally designed, the complex features 16 one-bedroom units nestled in a serene, pastoral country setting. The gated entry ensures privacy and security, making this complex an ideal choice for various housing needs. Whether you're seeking a recovery dwelling, temporary, or short-term housing for industry personnel such as traveling nurses, or a long-term home for veterans or retirees, this location offers a peaceful, secluded retreat. ***An adjacent property with approximately 3 acres may be an additional option for potential expansion of facilities and operations, providing further opportunities for growth and development.***

FOR SALE DETAILS

PRICE

$3,249,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

16

PRICE/UNIT

$203,063

CAP RATE

5.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Meadows on 604

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.44 AC

LAND SF

324,281 SF

ZONING

Commercial Residential

APN/PARCEL ID

126-4332-01010

ASK ABOUT THIS PROPERTY

Angela LaBountyCompass RE Texas, LLCMore Info
817-475-2397

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Angela LaBountyCompass RE Texas, LLCMore Info
817-475-2397

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