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904 N Kentucky St - Sunset Valley FOURPLEX 4 Unit Apartment Building Offered at $479,900 at a 6.31% Cap Rate Alton, TX 78573
EXECUTIVE SUMMARY
100% Rented. Fourplex available on a nice gated multifamily subdivision in Alton TX - Sunset Valley. Fourplex features 2 units with 2/2 bedrooms and 2 units with 3/2 bedrooms. A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry. Appliances included and carports. Fully leased with professional property management in place as an option.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $479,900 | Building Class | B |
| Price Per Unit | $119,975 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 4,032 SF |
| Cap Rate | 6.31% | No. Stories | 1 |
| No. Units | 4 | Year Built | 2022 |
| Property Type | Multifamily | Parking Ratio | 1.98/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $479,900 |
| Price Per Unit | $119,975 |
| Sale Type | Investment |
| Cap Rate | 6.31% |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 4,032 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 1.98/1,000 SF |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Yard
- Island Kitchen
SITE AMENITIES
- Fenced Lot
- Gated
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
| 2+3 | 2 | - | - |
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904 N Kentucky St - Sunset Valley FOURPLEX
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