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Avenue One 10 Apartments 110 S Stadium Rd 192 Unit Apartment Building For Sale Alice, TX 78332
Investment Highlights
- (See Marketing Package)
Executive Summary
Avenue One10 is a 192-unit, garden-style multifamily community set on 8.04
acres in Alice, Texas — the commercial hub of Jim Wells County and the wider
South Texas energy corridor. Built in 1981 across 22 two-story buildings, the
property totals 144,434 rentable square feet.
The rent roll is diversified across three floor plans spanning one- and two
bedroom layouts, and every unit is individually metered for electric, gas and
water/sewer — placing all utility costs with the resident and protecting
operating margins from inflation.
A demonstrated interior renovation program, a full community amenity
package, and a supply-constrained local market position Avenue One10 as a
durable, value-add cash-flow asset with a clear runway to rent growth.
acres in Alice, Texas — the commercial hub of Jim Wells County and the wider
South Texas energy corridor. Built in 1981 across 22 two-story buildings, the
property totals 144,434 rentable square feet.
The rent roll is diversified across three floor plans spanning one- and two
bedroom layouts, and every unit is individually metered for electric, gas and
water/sewer — placing all utility costs with the resident and protecting
operating margins from inflation.
A demonstrated interior renovation program, a full community amenity
package, and a supply-constrained local market position Avenue One10 as a
durable, value-add cash-flow asset with a clear runway to rent growth.
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Sale Type | Investment | Lot Size | 8.04 AC |
| No. Units | 192 | Building Size | 144,344 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1981/2021 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 192 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.04 AC |
| Building Size | 144,344 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2021 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Pool
- Tennis Court
- Basketball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 80 | - | 653 |
| 2+1 | 88 | - | 814 |
| 2+2 | 24 | - | 853 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11203-001-000-00 | Improvements Assessment | $5,569,498 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,569,498 CAD |
Property Taxes
Parcel Number
11203-001-000-00
Land Assessment
$0 CAD
Improvements Assessment
$5,569,498 CAD
Total Assessment
$5,569,498 CAD
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Photos
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Map
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Avenue One 10 Apartments | 110 S Stadium Rd
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