About This Property

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.

Key Features

• 732 Acres Lot
• Built in 1983

Property Details

• Type: Single Family Home
• Year Built: 1983
• Lot Size: 732 sq ft
• Sq Ft: 5,175
• Price / Sq Ft: $214
• HOA: Contact Agent
• Bedrooms: 2
• Bathrooms: 1
• Feature: 732 Acres Lot
• Feature: Built in 1983
• Status: Active
• MLS Number: 4ca06666c726fa36c75b6e3c5180acb9
• Days on Market: 77
• Listed By: UTR TEXAS, REALTORS · Tammy Petterson
• Zip Code: 77554