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Size: 1.39 Acres
Type: House

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Apartment - Alamo, TX

Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.

Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed...

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Source:First Street

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Source: ListHub, MLS# 467850
Listing status: Active
Listing last updated: December 1, 2025 at 10:28 PM
Listing last checked: January 15, 2026 at 5:30 AM
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