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$999,900
5 Beds ⋅ 5 Baths ⋅ 56008413 MLS ⋅ ACTIVE Status
Drive-by only. Exceptional opportunity to acquire a high-yield mixed-use investment property in Galveston, Texas. This diversified asset includes seven residential units, and four commercial storefronts with a strong history of long-term tenancy. The property producing income with a pro forma cap rate of about 10%. Even with conservative underwriting including vacancy and repair reserves, the asset performs near a 9% cap rate, making it attractive to both cash-flow investors and leveraged buyers. Multiple income streams provide strong stability, while value-add potential exists through rent optimization & continued property improvements. Several commercial tenants have been in place since 2010, reflecting strong location fundamentals and tenant retention. Rare opportunity to acquire a high-performing coastal Texas mixed-use asset with immediate income and long-term upside.

1915 45th St, Galveston
$165,000
2 Beds ⋅ 1 Baths ⋅ 40087742 MLS ⋅ ACTIVE Status
Investor-friendly and close to the beach! This 2-bedroom condo at The Palms is located in the desirable West End of Galveston, just a short walk from the beach. The flexible floor plan includes two bedrooms, with one easily used as a home office, guest room, or bonus space, making it ideal for today’s work-from-home lifestyle. The condo features a large kitchen with plenty of room to cook and gather, with direct access to a private patio just off the kitchen—perfect for morning coffee, grilling, or enjoying coastal breezes. The unit is well maintained and part of a community offering a pool and fitness center, adding to its appeal for long-term tenants or future personal use. Whether you’re looking for immediate cash flow or a versatile coastal retreat, this Palms condo delivers space, flexibility, and location in one smart package. Investors only until August 1st.

3506 Cove View Blvd Unit 1403, Galveston