For Sale

$900,000

HIGHLIGHTS:
  • Active
  • $12,587/month
  • 15 DOM
  • 1 Stories
  • 0 Beds
  • 6,505 SqFT
Description

Demolay Apartments is a recently renovated multifamily property located at 1101 Demolay Street, La Marque, Texas 77568, within the Galveston County submarket. Originally constructed in 1971 and remodeled in 2025, the property offers an opportunity to acquire an updated asset positioned to serve the growing demand for quality rental housing throughout the region. The property consists of approximately 6,505 square feet of building area situated on a 23,505-square-foot parcel. The recent renovation enhances the asset’s marketability through updated finishes, improved functionality, and reduced near-term capital improvement needs. Demolay Apartments represents a value-enhanced multifamily opportunity with the benefits of a recently remodeled asset, an established location, and exposure to the continued economic growth and residential demand within the Galveston County submarket. Please do not disturb tenants.

Overview
  • MLS Number: 21261554
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 6,505 SqF
  • Land Size: 23,505 sqft
  • Year Built: 1971
Financial
Price:
$900,000
Price/SqFT:
$138.36
HOA Fee:
Tax Rate:
2.20734 %
Est. Monthly:
$12,587 *
Tax Amount:
$19,866
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Window Unit
    Cooling:
    Window Units
  • Roof:
    Other

Listed By:
Ryan DeGennaro

CORE Group

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