610 Ferry Rd - Apartments FOR SALE


Galveston, TX 77550- Lindale
$2,999,999 USD
562-991-4323
610 Ferry Rd, Galveston, TX for Sale
$2,999,999 USD
Apartments - FOR SALE
1/66
null | Request Cap Rate

610 Ferry Rd
Galveston, TX 77550
Lindale


HIGHLIGHTS

  • Courtyard

OVERVIEW

Amazing opportunity to acquire 32 turnkey apartments in the heart of Galveston! The property has been well maintained and has an on-site maintenance man. Rents are under market with plenty of opportunity to raise the rents over time. 7 tenants are section 8. Over the last 3 years the owner has fully/partially remodeled 22 of the units (flooring, paint, countertops, appliances). Over 15 central HVAC's have also been replaced. Wrap owner finance or assumption is also available (upon qualification)

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$125 USD /SF

# OF UNITS

32

PRICE/UNIT

$93,750

CAP RATE

Request Cap Rate

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oasis Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1955

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

MF1

APN/PARCEL ID

0628-0042-0000-000

ASK ABOUT THIS PROPERTY

Jonathan ChaconHome Liquidators 2 LLCMore Info
562-991-4323

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Jonathan ChaconHome Liquidators 2 LLCMore Info
562-991-4323

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