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Galveston Portfolio 9 Multifamily Properties Offered at $9,722,500 in Galveston, TX
INVESTMENT HIGHLIGHTS
- High Occupany
- 2025 Construction
- Long term tenants
EXECUTIVE SUMMARY
We are pleased to present a rare opportunity to acquire a portfolio of nine multifamily properties located in the highly
desirable East End of Galveston. This collection features a mix of multiple floor plans across prime locations, o?ering
both diversity and stability for investors.
All properties are either brand-new builds or have undergone full rehabilitations within the past two years, with select
units still under construction and nearing completion. Each building has been thoughtfully upgraded with modern
finishes, new appliances, and high-quality systems, minimizing future capital expenditures for ownership.
The portfolio benefits from 100% occupancy, supported by strong tenant demand in proximity to UTMB, the beach,
and Galveston’s vibrant retail and dining corridors. With no deferred maintenance, minimal operating risk, and
excellent cash flow potential, this o?ering represents an outstanding long-term investment opportunity in one of
Texas’ most resilient coastal markets.
desirable East End of Galveston. This collection features a mix of multiple floor plans across prime locations, o?ering
both diversity and stability for investors.
All properties are either brand-new builds or have undergone full rehabilitations within the past two years, with select
units still under construction and nearing completion. Each building has been thoughtfully upgraded with modern
finishes, new appliances, and high-quality systems, minimizing future capital expenditures for ownership.
The portfolio benefits from 100% occupancy, supported by strong tenant demand in proximity to UTMB, the beach,
and Galveston’s vibrant retail and dining corridors. With no deferred maintenance, minimal operating risk, and
excellent cash flow potential, this o?ering represents an outstanding long-term investment opportunity in one of
Texas’ most resilient coastal markets.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $9,722,500 | Number of Properties | 9 |
| Price / SF | $278.20 / SF | Individually For Sale | 9 |
| Cap Rate | 9.10% | Total Building Size | 34,948 SF |
| Sale Type | Investment | Total Land Area | 1.13 AC |
| Status | Active |
| Price | $9,722,500 |
| Price / SF | $278.20 / SF |
| Cap Rate | 9.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 9 |
| Total Building Size | 34,948 SF |
| Total Land Area | 1.13 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 805 Avenue K, Galveston, TX 77550 | Multifamily | 8,000 SF | 2025 | $1,300,000 |
| 1811 21st St, Galveston, TX 77550 | Multifamily | 4,715 SF | 1965 | $1,190,000 |
| 2115 Broadway St, Galveston, TX 77550 | Multifamily | 4,286 SF | 1963 | $1,299,000 |
| 920 Avenue L, Galveston, TX 77550 | Multifamily | 3,831 SF | 2024 | $1,350,000 |
| 1322 Avenue L, Galveston, TX 77550 | Multifamily | 3,780 SF | 1955 | $1,079,000 |
| 807 Avenue K, Galveston, TX 77550 | Multifamily | 3,287 SF | 2025 | $1,300,000 |
| 609 Sealy St, Galveston, TX 77550 | Multifamily | 2,923 SF | 1970 | $1,100,000 |
| 624 Avenue H, Galveston, TX 77550 | Multifamily | 2,436 SF | 2025 | $1,100,000 |
| 614 35th St, Galveston, TX 77550 | Multifamily | 1,690 SF | 2024 | $599,000 |
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Presented by
Tohme Capital LLC
Galveston Portfolio
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