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Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

Property For Sale

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Property # 66 - 901 N. Orange, Alpine
Property Name: Alpine Retirement Community Type: MF Added: 11/20/2012
Price: $1,000,000 seller financing w/ forgivable debt provisions Units: 24 Nonprofit: N
Size: Approximately 6.19 acres
Address: 901 N. Orange
City: Alpine County: BREWSTER Zip: 79830
Current Debt Type: None Debt Assumable: N
Forms of Current Subsidy:
Term of Subsidy:
Description: Property was built in 2000 and consists of 4 buildings housing 24 units. Each unit is a one-bedroom / one-bathroom at 690 square feet. Common area is located in Building 1 and is approximately 1,440 square feet. Land size is approx 6.19 acres. Building 1-4 are located on approximately 3 acres and the remaining 3 acres are vacant. This could make an excellent opportunity for a qualified developer to construct additional units. TDHCA is open to a variety of pricing and financing scenarios.
Legal Description: BLOCK 9, LOT 44 ABST 112 GHSA, City of Alpine, Brewster County, Texas. Metes and bounds legal description available upon request.
Additional Resources:
TDHCA Contact Information: Rosalio Banuelos