2502 E Franklin Ave

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Address: 2502 E Franklin Ave, Alton, Texas, US
Created date: February 1, 2024
Date last updated: March 26, 2024
  • Easy Value add opportunities requiring limited capital
  • Large 3 Bedroom floorplans with added amenities
  • Convenient location with access to major highways
  • Strong Yield on Cost going in

Property Description

Stewart Landing is a 9 unit, 2018 vintage property that consists of three bedroom units. The units contain over 1200 square feet of space including two bathrooms per unit and also a private backyard space. A new buyer has the opportunity to acquire a newly constructed asset that already has covered parking for each unit allowing new ownership to grow the NOI by implementing a charge for covered parking. Other opportunities include starting to bill back for the water/sewer/trash bill - like similar newer built properties in the area . The 3 bedroom townhome style units offer desirable features similar to what you would see in a modern day home.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 9
Year Built: 2018
Lot Size: 21,942.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 2502 E Franklin Ave, Alton, TX 78573, USA
Provided by:

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