624 Ball - Apartments FOR SALE


Galveston, TX 77550- East End Historic District
$1,100,000 USD
281-407-1886
624 Ball, Galveston, TX for Sale
$1,100,000 USD
Apartments - FOR SALE
1/6
null | 9% Cap Rate


HIGHLIGHTS

  • New Building
  • Washer and Dryer and Stainless Steel Appliances in every Unit
  • Tiled Bathroom and modern fixtures
  • Walking distance to local Medical Campus
  • Walking distance to Beach

OVERVIEW

Discover a Rare Investment Opportunity in Galveston – The Camus Studios Unlock the potential of this meticulously crafted 8-unit apartment building in Galveston, a city renowned for its historic charm, strong economic vitality, and unparalleled coastal allure. Located just 45 minutes from Houston, Galveston draws over 7 million tourists annually, ensuring a vibrant short- and long-term rental market. With the University of Texas Medical Branch (UTMB) and the bustling Port of Galveston as economic anchors, this property benefits from a consistent influx of professionals and students seeking high-quality housing and is perfectly located just blocks away from the UTMB campus and the beach.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$452 USD /SF

# OF UNITS

8

PRICE/UNIT

$137,500

CAP RATE

9%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Campus Studios

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

102490

ASK ABOUT THIS PROPERTY

John TohmeTohme Properties LLCMore Info
281-407-1886

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

John TohmeTohme Properties LLCMore Info
281-407-1886

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