713-595-9580
2311 71st St, Galveston, TX for Sale
Apartments - FOR SALE
1/22
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2311 71st St
Galveston, TX 77551
Offatts Bayou


HIGHLIGHTS

  • Well-located community in close proximity to the beach, parks, retail, restaurants, Moody Gardens Theme Park and Schlitterbahn Waterpark.
  • Good Rental Demographics with over $55K AMI and ~$80K AHI within a 1-mile radius.
  • All Bills Paid property.  Strong Value-Add potential through RUBs implementation, completing a water conservations program, interior updates and more
  • 28 out of 36 units have updated vinyl plank flooring, kitchen appliances, cabinets and fixtures.

FOR SALE DETAILS

PRICE

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# OF UNITS

36

CAP RATE

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% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Apts near I-45 and Moody Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

GR

APN/PARCEL ID

4305-0000-0028-001

ASK ABOUT THIS PROPERTY

Shayan HasnainGlobal Real Estate AdvisorsMore Info
713-595-9580

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Shayan HasnainGlobal Real Estate AdvisorsMore Info
713-595-9580

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.