2311 71st St | Galveston, TX 77551
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- LoopNet Team
2311 71st St
Galveston, TX 77551
Value-Add Apts near I-45 and Moody Gardens · Multifamily Property For Sale
·
36 Units
Investment Highlights
- Well-located community in close proximity to the beach, parks, retail, restaurants, Moody Gardens Theme Park and Schlitterbahn Waterpark.
- All Bills Paid property. Strong Value-Add potential through RUBs implementation, completing a water conservations program, interior updates and more
- Good Rental Demographics with over $55K AMI and ~$80K AHI within a 1-mile radius.
- 28 out of 36 units have updated vinyl plank flooring, kitchen appliances, cabinets and fixtures.
Property Facts
| Sale Condition | Auction Sale | Lot Size | 0.98 AC |
| Type of Ownership | Fee Simple | Building Size | 35,042 SF |
| No. Units | 36 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Low-Rise | Parking Ratio | 1.44/1,000 SF |
| Building Class | C | Parcel Number | 4305-0000-0028-001 |
| Zoning | GR | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 35,042 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | GR |
| Parcel Number | 4305-0000-0028-001 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Maintenance on site
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