For Sale

$2,500,000

HIGHLIGHTS:
  • Active
  • $25,383/month
  • 15 DOM
  • 2 Stories
  • 0 Beds
  • 12,686 SqFT
Description

Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast’s most recognizable rental markets. Conveniently located near Galveston’s beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.

Overview
  • MLS Number: 74484509
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 12,686 SqF
  • Land Size: 10,440 sqft
  • Year Built: 1969
Financial
Price:
$2,500,000
Price/SqFT:
$197.07
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$25,383 *
Tax Amount:
$0
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile
    Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Other
    Exterior Type:
    Brick,Wood
    Parking:
    Paved Area

Listed By:
Audrey Lunstedt

Triumph Realty

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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