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Coastal Bend Cottages 1206-1214 S Church St 7 Unit Apartment Building $699,000 ($99,857/Unit) Rockport, TX 78382
EXECUTIVE SUMMARY
This is a wonderful INVESTMENT OPPORTUNITY to own an income producing property in downtown Rockport, TX. This short-term coastal rental resort has 5 rental cottages (1 bdr/1bath/kitchen/living area) and a duplex with 2 rentable apartments (1/bdr/1bath/kitchen/living area). The property offers additional land to build an additional duplex, more cottages, or additional amenities for this resort style property, the possibilities are endless! Property is conveniently located close to downtown Rockport business district shopping & restaurants, the new Art Center and walking distance to Rockport Beach and the historic Water Street. Please contact Cheri Cross @ 832-419-1299 for showings.
PROPERTY FACTS
| Price | $699,000 | Building Class | C |
| Price Per Unit | $99,857 | Lot Size | 0.69 AC |
| Sale Type | Investment | Building Size | 4,432 SF |
| Sale Condition | Business Value Included | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1935/2007 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden |
| Price | $699,000 |
| Price Per Unit | $99,857 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 4,432 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1935/2007 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $895.00 | 680 |
| 1+2 | 1 | $895.00 | 680 |
| 2+2 | 1 | $895.00 | 680 |
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Coastal Bend Cottages | 1206-1214 S Church St
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