Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach"”an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base.
The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you're expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.
Property Type(s):
Condo/Townhouse/Co-Op
SCHOOLS
| Elementary School |
Gisd Open Enroll |
| Jr. High School |
Gisd Open Enroll |
| High School |
Ball High School |
Additional Details
| AIR |
Electric |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Sewer |
| APPLIANCES |
Electric Range |
| AREA |
33 |
| CONSTRUCTION |
Cement Siding |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Heat Pump |
| HOA DUES |
431|Monthly |
| LOT |
732 acre(s) |
| PARKING |
No Garage, Additional Parking |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Traditional |
| SUBDIVISION |
Palms At Cove View Condo |
| TAXES |
3032 |
| WATER |
Public |
Location
Listed with UTR TEXAS, REALTORS
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