7019 Lasker Dr | Galveston, TX 77551
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7019 Lasker Dr
Galveston, TX 77551
Driftwood Apartments · Multifamily Property For Sale
·
238 Units
INVESTMENT HIGHLIGHTS
- Built in 1982/partially renovated in 2010
- Value-add opportunity through interior renovations & addition of other income streams
- The island is home to The University of Texas Medical Branch (UTMB) and Texas A&M Galveston
- Unit mix comprised 70% one-bedroom units and 30% two-bedroom units
- Proximity to Galveston attractions such as Moody Gardens, Schlitterbahn, and Pleasure Pier
- Residents can directly access the beach from the property via 69th Street
PROPERTY FACTS
| No. Units | 238 | Lot Size | 7.83 AC |
| Property Type | Multifamily | Building Size | 169,404 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1980/2010 |
| Zoning | R | ||
| No. Units | 238 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.83 AC |
| Building Size | 169,404 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2010 |
| Zoning | R |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Playground
- Property Manager on Site
- Gated
- Breakfast/Coffee Concierge
- Grill
- Volleyball Court
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 166 | - | 479 - 670 |
| 2+2 | 72 | - | 879 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $17,216,020 | |
| Land Assessment | $892,840 | Total Assessment | $18,108,860 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$892,840
Improvements Assessment
$17,216,020
Total Assessment
$18,108,860
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