712 Ball St - Apartments FOR SALE


Galveston, TX 77550- East End Historic District
$1,900,000 USD
713-316-7049
712 Ball St, Galveston, TX for Sale
$1,900,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate


OVERVIEW

Unlock a rare multifamily investment in the heart of Galveston with this 14-unit, two-story property at 712 Ball Street. Presented exclusively by Partners, this 10,700 SF building on a 10,320 SF lot offers immediate income potential and long-term appreciation in one of Texas’ most dynamic coastal markets. Strategically located in South Galveston County, just blocks from the historic Strand District and Galveston Seawall, this property benefits from strong year-round rental demand driven by tourism, port activity, and institutional employers. The building was renovated in 2024, ensuring updated systems and reduced near-term maintenance costs. The 14 units offer a flexible mix of layouts ideal for both traditional and short-term rental strategies. Priced at $1,900,000, this opportunity is well below replacement cost and offers value-add upside through strategic management and optimization. With its prime location, recent renovations, and compelling fundamentals, 712 Ball St is an ideal addition to any multifamily or coastal investment portfolio.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

14

PRICE/UNIT

$135,714

CAP RATE

Request Cap Rate

% LEASED

65%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

University Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,282 SF

ZONING

1F4

APN/PARCEL ID

3505-0307-0011-000

ASK ABOUT THIS PROPERTY

Charles PeckhamPartnersMore Info
713-316-7049

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

Charles PeckhamPartnersMore Info
713-316-7049

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