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8 S Avenue B - Freeport Luxury Cottages 5 Unit Apartment Building Offered at $500,000 Freeport, TX 77541
Investment Highlights
- Fully Renovated & Stabilized Asset - All five units have been upgraded with modern interior finishes, providing immediate cash flow with no deferred m
- Operational Efficiency & Lower Expenses - Individually metered utilities, tankless water heaters, and mini-split systems reduce landlord expense expos
- Detached Unit Layout (SFR Appeal) - Standalone 1-bedroom homes offer enhanced tenant privacy, supporting strong demand and tenant retention.
Executive Summary
Marketing description
Marcus & Millichap is proud to present Freeport Luxury Cottages, a rare opportunity to acquire a fully renovated, stabilized 5-unit community comprised of detached 1-bedroom homes in Freeport, TX. The property offers a unique "build-to-rent" style layout that appeals to tenants seeking privacy and a single-family feel, while maintaining the efficiency of multifamily ownership. With all units updated and separately metered, this asset delivers strong in-place income with minimal operational complexity and long-term upside in a growing coastal market.
Marcus & Millichap is proud to present Freeport Luxury Cottages, a rare opportunity to acquire a fully renovated, stabilized 5-unit community comprised of detached 1-bedroom homes in Freeport, TX. The property offers a unique "build-to-rent" style layout that appeals to tenants seeking privacy and a single-family feel, while maintaining the efficiency of multifamily ownership. With all units updated and separately metered, this asset delivers strong in-place income with minimal operational complexity and long-term upside in a growing coastal market.
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Property Facts
| Price | $500,000 | Building Size | 2,640 SF |
| Price Per Unit | $100,000 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 5 | Year Built | 2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $500,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Building Size | 2,640 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 8110-0029-000 | Improvements Assessment | $130,450 |
| Land Assessment | $47,810 | Total Assessment | $178,260 |
Property Taxes
Parcel Number
8110-0029-000
Land Assessment
$47,810
Improvements Assessment
$130,450
Total Assessment
$178,260
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8 S Avenue B - Freeport Luxury Cottages
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