731 N Tower Road, Alamo, TX 78516
Local realty services provided by:CENTURY 21 Johnston Company
731 N Tower Road,Alamo, TX 78516
$2,400,000
- - Beds
- - Baths
- 24,000 sq. ft.
- Multi-family
- Active
Listed by: victor fuentes
Office: big realty
MLS#:467850
Source:TX_GMAR
Price summary
- Price:$2,400,000
- Price per sq. ft.:$100
About this home
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.
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Home facts
- Year built:2017
- Listing ID #:467850
- Added:241 day(s) ago
- Updated:December 13, 2025 at 05:02 PM
Rooms and interior
- Living area:24,000 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Composition Shingle
- Year built:2017
- Building area:24,000 sq. ft.
- Lot area:1.39 Acres
Schools
- High school:PSJA Memorial H.S.
- Middle school:Vela
- Elementary school:Santos Livas
Utilities
- Water:Electric Water Heater, Public Water
- Sewer:City Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$100
- Tax amount:$35,000
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