For Sale
3506 Cove View Blvd Galveston, TX 77554
$1,105,000
Description
Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach—an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base. The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you’re expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.
Overview
Financial
Price:
$1,105,000
Price/SqFT:
$213.53
HOA Fee:
$3050 Monthly
Tax Rate:
0 %
Est. Monthly:
$10,689 *
Tax Amount:
$0
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorCooling:Central ElectricHeating:Heat Pump
-
ExteriorRoof:CompositionExterior Type:Cement Board
Listed By:
Tammy Petterson
UTR TEXAS, REALTORS
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