Log In/Sign Up
Your email has been sent.
2608 E Israel Ave - Sunterra Estates Luxury Fourplex 4 Unit Apartment Building Offered at $515,000 at a 8% Cap Rate Alton, TX 78573
Investment Highlights
- FULLY LEASED 1 year old Brick and Rock Fourplex in Sunterra Estates
- Premium school district in private community
- Quality built with premium appliances and finishes
Executive Summary
FULLY LEASED Truly outstanding top quality Fourplex product that is 1 year old!!! These units are build with zero maintenance brick and rock exteriors, fully landscaped with mature trees and lawn between units and lawn in the side yards. Also with extremely low maintenance low water requirement walkways. Units are 2 each 3Bed/2Bath, and 2 are 2Bed/2bath. Appliances that are included will amaze your tenants! Samsung all around! Samsung Stove, Microwave, Refrigerator with water and ice. As well as Samsung Front loading full size stacked Washer/Dryer! Light decorator designed color schemes make these units light and comfortable. LED Lighting and Ceiling Fans add to the bright comfortable appeal. A truly fantastic school district with great college prep, with awards for excellence. Everything you could want in an investment property is here.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$59,400
|
$14.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$59,400
|
$14.25
|
| Taxes |
$11,000
|
$2.64
|
| Operating Expenses |
$7,176
|
$1.72
|
| Total Expenses |
$18,176
|
$4.36
|
| Net Operating Income |
$41,224
|
$9.89
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $59,400 |
| Annual Per SF | $14.25 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,400 |
| Annual Per SF | $14.25 |
| Taxes | |
|---|---|
| Annual | $11,000 |
| Annual Per SF | $2.64 |
| Operating Expenses | |
|---|---|
| Annual | $7,176 |
| Annual Per SF | $1.72 |
| Total Expenses | |
|---|---|
| Annual | $18,176 |
| Annual Per SF | $4.36 |
| Net Operating Income | |
|---|---|
| Annual | $41,224 |
| Annual Per SF | $9.89 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Wi-Fi
- Yard
- Double Pane Windows
- Lawn
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Fenced Lot
- Security System
1 1
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Bryan Bjerke
2608 E Israel Ave - Sunterra Estates Luxury Fourplex
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.