Marketing description
Marcus & Millichap is pleased to present Hitchcock Landing, a 29-unit multifamily investment opportunity located in the quiet and stable Hitchcock submarket of Galveston County. The property features a well-balanced unit mix of fifteen (15) two-bedroom units, thirteen (13) one-bedroom units, and one (1) three-bedroom unit, historically maintaining occupancy near 90%.
Hitchcock Landing offers investors durable in-place cash flow supported by strong tenant demand and limited local competition. Additionally, the property includes an extra storage space suitable for potential conversion into an additional income-producing unit, creating a clear value-add opportunity.
This offering presents an attractive combination of stability and upside within a peaceful residential setting, all while maintaining proximity to major employment corridors throughout the greater South Houston and Galveston County areas.