8 S Avenue B - Multi-Family FOR SALE


Freeport, TX 77541
$500,000 USD
713-452-4260
8 S Avenue B, Freeport, TX for Sale
$500,000 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

8 S Avenue B
Freeport, TX 77541


HIGHLIGHTS

  • Fully Renovated & Stabilized Asset - All five units have been upgraded with modern interior finishes, providing immediate cash flow with no deferred m
  • Detached Unit Layout (SFR Appeal) - Standalone 1-bedroom homes offer enhanced tenant privacy, supporting strong demand and tenant retention.
  • Operational Efficiency & Lower Expenses - Individually metered utilities, tankless water heaters, and mini-split systems reduce landlord expense expos

OVERVIEW

Marketing description Marcus & Millichap is proud to present Freeport Luxury Cottages, a rare opportunity to acquire a fully renovated, stabilized 5-unit community comprised of detached 1-bedroom homes in Freeport, TX. The property offers a unique "build-to-rent" style layout that appeals to tenants seeking privacy and a single-family feel, while maintaining the efficiency of multifamily ownership. With all units updated and separately metered, this asset delivers strong in-place income with minimal operational complexity and long-term upside in a growing coastal market.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

5

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freeport Luxury Cottages

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

8110-0029-000

ASK ABOUT THIS PROPERTY

Joshua KasaliMarcus & MillichapMore Info
713-452-4260

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Joshua KasaliMarcus & MillichapMore Info
713-452-4260

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