No Vacancy! A nice and well-kept three 2 story buildings within walking distance to downtown Alvin and to many eateries, HEB market, banks and minutes to Home Depot. Alvin is a booming city for easy living and much less traffic from over developed Pearland city. It is 10 miles south of Pearland and 28 miles from Galveston. People move to Alvin to find small city life or country living with affordable acreage and only 27 miles from downtown Houston. The property was completely remodeled in 2008 with new AC's and new electrical wiring, and also new roof in 2014 according to previous owner. Ten apartments have been remodeled in the last 18 months with some new AC's and new floors. The property has a small laundromat in a separate building with 2 commercial washers and one large capacity commercial dryer, all coin-operated. All apt units have separate electric meters. Laundromat dryer uses natural gas. Have part-time manager living on the property. List price based on approsximate 8+% CAP
|Price Reduced from $829,000 to $799,000|
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Listing information last updated on May 25th, 2020 at 8:40am CDT.