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Hitchcock Landing 6205 Jackson Rd 29 Unit Apartment Building $2,000,000 ($68,966/Unit) Hitchcock, TX 77563
Investment Highlights
- Generational Hold Opportunity – 29-unit asset ideally suited for investors seeking stable, long-term cash flow and legacy wealth creation through exte
- Peaceful Residential Setting – Located in Hitchcock’s stable rental corridor, attracting long-term tenants seeking affordability and privacy outside d
- Consistently ~90% occupied, supported by a quiet residential setting and limited tenant turnover.
- 6/1 Call for Offers
Executive Summary
Marketing description
Marcus & Millichap is pleased to present Hitchcock Landing, a 29-unit multifamily investment opportunity located in the quiet and stable Hitchcock submarket of Galveston County. The property features a well-balanced unit mix of fifteen (15) two-bedroom units, thirteen (13) one-bedroom units, and one (1) three-bedroom unit, historically maintaining occupancy near 90%.
Hitchcock Landing offers investors durable in-place cash flow supported by strong tenant demand and limited local competition. Additionally, the property includes an extra storage space suitable for potential conversion into an additional income-producing unit, creating a clear value-add opportunity.
This offering presents an attractive combination of stability and upside within a peaceful residential setting, all while maintaining proximity to major employment corridors throughout the greater South Houston and Galveston County areas.
Marcus & Millichap is pleased to present Hitchcock Landing, a 29-unit multifamily investment opportunity located in the quiet and stable Hitchcock submarket of Galveston County. The property features a well-balanced unit mix of fifteen (15) two-bedroom units, thirteen (13) one-bedroom units, and one (1) three-bedroom unit, historically maintaining occupancy near 90%.
Hitchcock Landing offers investors durable in-place cash flow supported by strong tenant demand and limited local competition. Additionally, the property includes an extra storage space suitable for potential conversion into an additional income-producing unit, creating a clear value-add opportunity.
This offering presents an attractive combination of stability and upside within a peaceful residential setting, all while maintaining proximity to major employment corridors throughout the greater South Houston and Galveston County areas.
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Property Facts
| Price | $2,000,000 | Building Class | C |
| Price Per Unit | $68,966 | Lot Size | 1.29 AC |
| Sale Type | Investment | Building Size | 19,608 SF |
| No. Units | 29 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1975 |
| Apartment Style | Low-Rise | Parking Ratio | 2.04/1,000 SF |
| Price | $2,000,000 |
| Price Per Unit | $68,966 |
| Sale Type | Investment |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 19,608 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 2.04/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
- Cabana
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 15 | - | - |
| 1+1 | 13 | - | - |
| 3+2 | 1 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 7105-0000-0004-001 | Improvements Assessment | $1,961,590 |
| Land Assessment | $83,110 | Total Assessment | $2,044,700 |
Property Taxes
Parcel Number
7105-0000-0004-001
Land Assessment
$83,110
Improvements Assessment
$1,961,590
Total Assessment
$2,044,700
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Contact the Sale Advisor
Hitchcock Landing | 6205 Jackson Rd