1801 Rosenberg St - Apartments FOR SALE


$2,390,000 USD
713-818-7818
1801 Rosenberg St, Galveston, TX for Sale
$2,390,000 USD
Apartments - FOR SALE
1/18
null | 6.95% Cap Rate


HIGHLIGHTS

  • New roofs, HVAC, electric, plumbing, reinforced structural components, and upgraded exterior and interiors
  • Located blocks from GP Cruise Terminals, Galveston Strand, Pleasure Pier, and the Seawall
  • Ideal investment for short term or long term rental
  • Galveston Island hosts over 8 million visitors annually
  • 12 bedrooms, 12 full bathrooms, 3 half bathrooms
  • Includes new kitchen appliances and washer and dryers

OVERVIEW

1801 Rosenberg St Galveston TX 77550 is a fully renovated, 7-unit multi-family property ideally suited for short-term rentals (Airbnb) or long-term leasing. Located in Galveston, a prime destination for tourism, this property offers an exceptional opportunity for high cash flow, especially with its strong potential for short-term rentals. The buildings have been meticulously upgraded with high-end materials and finishes throughout, including brand-new kitchens with modern appliances, upscale bathrooms, new HVAC, plumbing, and electrical systems, as well as reinforced structural elements for added durability. Each unit is separately metered for electricity, providing convenience and efficiency for both owners and tenants. With its prime location near local attractions, this property is just minutes from Port Cruise Terminals, Pleasure Pier, Seawall Boulevard, making it a highly desirable choice for vacationers and long-term residents alike. Whether you're looking for a reliable investment with strong rental demand or a property ready to generate high short-term rental income, this listing offers tremendous potential.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$296 USD /SF

# OF UNITS

7

PRICE/UNIT

$341,429

CAP RATE

6.95%

% LEASED

73%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Completely Remodeled Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,136 SF

ZONING

Multi-Family Commercial

APN/PARCEL ID

3510-0066-3006-002

ASK ABOUT THIS PROPERTY

Kathy TavasoliKiani RealtyMore Info
713-818-7818

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Kathy TavasoliKiani RealtyMore Info
713-818-7818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.