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4217 Sealy St, (12 Units Galveston) *Under Contract* Galveston

$950,000
Property type:Rehab Multi-Family Value Add Projects
Area (Sq Ft)
9216
Bedrooms
24
Bathrooms
12

The space

  • Land Size: 7000 Sq Ft

Amenities

  • Air conditioning
  • Heating

Description

This 12 unit complex Galveston, TX.  The area possesses lots of investment potential and it is within minutes from all the important landmarks of the island; lately we have seen an influx of new residential, commercial, and city projects.  

  • All spacious 2×1 units with central AC.
  • Little deferred maintenance which gives a huge advantage when using rehab budget for upgrades
  • Solid brick building in good shape. Huge potential for value add with minor upgrades!
  • Ability to easily stabilize rents or use for AirBnB model
  • Located a few feet away from Broadway Avenue for easy but away from the road noise.
  • Separate Meters and current appliances in fair shape.
  • Exploding proven area with Rehabs, Brand New Developments & City projects
  • Bring only $81K to closing with our financing program and you can qualify for approximately $480K for rehab reserves

For more information on pricing, financing, and more…  Contact Otto at 713-530-9793 or email at otto@sanmore.com