3802 Nasa Rd - Apartments FOR SALE


Seabrook, TX 77586
$9,250,000 USD
936-900-6564
3802 Nasa Rd, Seabrook, TX for Sale
$9,250,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

3802 Nasa Rd
Seabrook, TX 77586


HIGHLIGHTS

  • Resort-style swimming pool, fitness center, and dog park
  • Picnic area with barbecue, business center, and laundry facility
  • Beautifully landscaped grounds and pet-friendly environment
  • New stainless steel appliances, granite countertops, and shaker-style cabinetry
  • Wood-style flooring, walk-in closets, and ecoconscious lighting
  • High-speed fiber internet, upgraded water systems, and private patios/balconies

OVERVIEW

Unlock the full potential of coastal living and investment with Pelican Reef Apartments, a well-positioned multifamily asset located just minutes from the Gulf of Mexico in the heart of Seabrook, Texas. This property offers an exceptional opportunity to own in a high-demand market where lifestyle, location, and long-term upside converge. Surrounded by top-tier shopping, dining, and entertainment, and offering easy access to local marinas and waterfront recreation, the property appeals to today’s renters seeking convenience and coastal charm. Residents enjoy walkable access to parks and trails, supporting an active lifestyle, and families benefit from being zoned to Clear Creek ISD—with Ed H White Elementary just 1.2 miles away and Seabrook Intermediate 2 miles away. Just minutes from the Gulf, Pelican Reef Apartments is perfectly positioned to capture consistent rental demand fueled by year-round tourism, beach access, and the area's vibrant waterfront culture. Nearby, the Kemah Boardwalk serves as a major regional draw, featuring restaurants, amusements, and frequent events that bring steady foot traffic and rental interest to the area. Whether you’re looking to expand your portfolio or reposition a property in a rapidly appreciating coastal market, Pelican Reef Apartments offers an exceptional blend of location, lifestyle, and long-term investment potential.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

89

PRICE/UNIT

$103,933

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pelican Reef Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

227

LAND DETAILS

LAND ACRES

3.58 AC

LAND SF

156,023 SF

ZONING

None

APN/PARCEL ID

0410080080024

ASK ABOUT THIS PROPERTY

936-900-6564

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936-900-6564

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