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Multifamily Investment Portfolio - Alvin 2 Multifamily Properties Offered at $4,750,000 in Alvin, TX



Investment Highlights
- 3 MULTIFAMILY COMPLEXES/1 SINGLE FAMILY RESIDENCE
- LONG TERM RESIDENTS
- 75% OF THE UNITS UPDATED WITHIN LAST 2 YEARS
Executive Summary
Presenting an exceptional multifamily investment portfolio featuring three apartment complexes and one single-family residence, offering a rare combination of strong cash flow, stability, and upside potential. With an impressive average occupancy rate of approximately 95%, this portfolio demonstrates consistent performance and tenant demand in a growing market. Approximately 75% of the apartment units have been substantially updated within the past two years, providing modernized interiors that help support tenant retention and competitive rental rates while reducing immediate capital expenditure needs for a new owner.
The portfolio benefits from a solid resident base that includes several long-term tenants, creating dependable income and operational stability. Recent improvements throughout the properties enhance overall curb appeal and position the assets for continued appreciation and rental growth. The inclusion of the single-family residence adds additional income diversification and flexibility within the investment structure. This is an ideal opportunity for investors seeking a well-maintained, income-producing portfolio with proven occupancy history, value-add improvements already completed, and continued long-term upside potential.
The portfolio benefits from a solid resident base that includes several long-term tenants, creating dependable income and operational stability. Recent improvements throughout the properties enhance overall curb appeal and position the assets for continued appreciation and rental growth. The inclusion of the single-family residence adds additional income diversification and flexibility within the investment structure. This is an ideal opportunity for investors seeking a well-maintained, income-producing portfolio with proven occupancy history, value-add improvements already completed, and continued long-term upside potential.
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Property Facts
| Price | $4,750,000 | Status | Active |
| Price / SF | $116.26 / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.63% | Total Building Size | 40,858 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.95 AC |
| Price | $4,750,000 |
| Price / SF | $116.26 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.63% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 40,858 SF |
| Total Land Area | 1.95 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Oak Terrace Apartments
413 W Blum St, Alvin, TX 77511 |
Multifamily | 21,958 SF | 1971 | - |
|
Hoffman House
617 E South St, Alvin, TX 77511 |
Multifamily | 18,900 SF | 1971 | - |
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Multifamily Investment Portfolio - Alvin
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