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4217 Sealy St 12 Unit Apartment Building $999,999 ($83,333/Unit) Galveston, TX 77550
EXECUTIVE SUMMARY
Position your portfolio for strong returns with this 12-unit multifamily asset at 4217 Sealy Street in Galveston. Presented exclusively by Partners, this two-story, 9,120 SF building offers investors a rare combination of scale, affordability, and location in one of the Gulf Coast’s most resilient rental markets. Built in 1965 and renovated in 2024, the property features solid construction and functional layouts across its 14 units, providing a stable foundation for future value-add improvements. Situated on a 7,200 SF lot, the asset is just minutes from the Galveston Seawall, UTMB, and downtown’s employment and entertainment hubs. Priced at $999,999, this offering is well below replacement cost, giving investors immediate equity upside and the opportunity to reposition through interior upgrades and operational efficiencies. Whether targeting long-term renters or capitalizing on Galveston’s robust short-term rental demand, 4217 Sealy St is a compelling addition to any multifamily portfolio.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $999,999 | Building Class | C |
| Price Per Unit | $83,333 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 9,216 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2010 |
| Property Subtype | Apartment | Parking Ratio | 0.54/1,000 SF |
| Zoning | MF1 | ||
| Price | $999,999 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,216 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2010 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | MF1 |
AMENITIES
UNIT AMENITIES
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 800 |
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PROPERTY TAXES
| Parcel Number | 4093-0000-0004-000 | Improvements Assessment | $1,475,900 |
| Land Assessment | $97,200 | Total Assessment | $1,573,100 |
PROPERTY TAXES
Parcel Number
4093-0000-0004-000
Land Assessment
$97,200
Improvements Assessment
$1,475,900
Total Assessment
$1,573,100
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4217 Sealy St
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