5006 Avenue M - Apartments FOR SALE


Galveston, TX 77551- Carver Park
$419,000 USD
832-260-8265
5006 Avenue M, Galveston, TX for Sale
$419,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

5006 Avenue M
Galveston, TX 77551
Carver Park


OVERVIEW

A solid investment opportunity featuring a fourplex and a single-family home, all currently occupied. The property includes recent improvements such as a 2018 roof replacement, a 2019 back house remodel, and new driveways installed in 2022. Each unit has its own electric and water meter, with tenants responsible for their utilities. The landlord only pays for the common hallway lighting. A complete rent roll and additional details are available in the attachments. Steady income and minimal management make this a straightforward investment opportunity.

FOR SALE DETAILS

PRICE

$419,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

5

PRICE/UNIT

$83,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,166 SF

ZONING

-

APN/PARCEL ID

2965-0031-0015-000

ASK ABOUT THIS PROPERTY

Kaylin PlumleeHome Liquidators 2 LLCMore Info
832-260-8265

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

Kaylin PlumleeHome Liquidators 2 LLCMore Info
832-260-8265

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