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Southside Apartments 912 Church St 13 Unit Apartment Building $1,899,995 ($146,153/Unit) Galveston, TX 77550
EXECUTIVE SUMMARY
Discover a value-add multifamily opportunity in the core of historic Galveston with this 13-unit, two-story property at 912 Church Street. Presented exclusively by Partners, this 9,413 SF building sits on a 10,280 SF lot and offers both cash flow and upside in one of Texas’ top coastal markets. Built in 1970 and renovated in 2023, the property blends vintage construction with updated systems and modern finishes, reducing near-term maintenance needs. Currently 62% occupied, it presents a compelling lease-up
opportunity for investors looking to maximize returns through strategic management or repositioning. Ideally located near the Strand District, cruise terminals, and UTMB, the property benefits from strong local and tourist-driven rental demand. With 13 spacious units and flexible floor plans, 912 Church St is well-suited for both long-term and short-term rental strategies. Priced at $1,899,995, this asset is an attractive entry point into the Galveston multifamily market, with clear upside and strong long-term fundamentals. Contact Partners to explore this rare opportunity in the heart of Galveston’s thriving downtown.
opportunity for investors looking to maximize returns through strategic management or repositioning. Ideally located near the Strand District, cruise terminals, and UTMB, the property benefits from strong local and tourist-driven rental demand. With 13 spacious units and flexible floor plans, 912 Church St is well-suited for both long-term and short-term rental strategies. Priced at $1,899,995, this asset is an attractive entry point into the Galveston multifamily market, with clear upside and strong long-term fundamentals. Contact Partners to explore this rare opportunity in the heart of Galveston’s thriving downtown.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,899,995 | Building Class | B |
| Price Per Unit | $146,153 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 9,413 SF |
| No. Units | 13 | Average Occupancy | 69% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1970/2023 |
| Apartment Style | Low-Rise | Parking Ratio | 1.7/1,000 SF |
| Zoning | IF4 | ||
| Price | $1,899,995 |
| Price Per Unit | $146,153 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 9,413 SF |
| Average Occupancy | 69% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2023 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | IF4 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Double Pane Windows
- Smoke Free
- Vinyl Flooring
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 13 | - | 750 |
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Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 3505-0429-0010-000 | Improvements Assessment | $523,920 |
| Land Assessment | $546,480 | Total Assessment | $1,070,400 |
PROPERTY TAXES
Parcel Number
3505-0429-0010-000
Land Assessment
$546,480
Improvements Assessment
$523,920
Total Assessment
$1,070,400
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Southside Apartments | 912 Church St
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