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732 W Alice Ave 6 Unit Apartment Building Offered at $500,000 Kingsville, TX 78363
Executive Summary
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.
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.
Property Facts
| Price | $500,000 | Lot Size | 0.16 AC |
| Price Per Unit | $83,333 | Building Size | 4,172 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 6 | Year Built | 1965 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $500,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 4,172 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12918 | Improvements Assessment | $246,910 |
| Land Assessment | $6,000 | Total Assessment | $252,910 |
Property Taxes
Parcel Number
12918
Land Assessment
$6,000
Improvements Assessment
$246,910
Total Assessment
$252,910
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732 W Alice Ave
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