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2608 E Israel Avenue
Alton, TX 78573
Asking Price
$510K
Cap Rate
7.8%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Fully Leased, Turnkey Fourplex In Sunterra Subdivision <p><span style="color: rgba(13, 13, 13, 1)">Turnkey, Fully Leased Fourplex Delivering Stable Cash Flow. Offering Consistent Rental Income. Modern Construction, Low-Maintenance Finishes, and Strong Tenant Demand Support Reliable Performance and Reduced Operational Risk.</span></p>
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NOI
$80,000
Cap Rate
15.69%
DSCR
2.64
Strong
Cash-on-Cash
32.50%
Monthly Payment
$2,523.202
Annual Cash Flow
$49,721.579
