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515 FM 517 Rd E, Dickinson, TX (21 Unit Apt) Dickinson

$2,300,000
SKU:Multifamily/Commercial/Turnkey
Property type:Turnkey Multi-Family Properties
Area (Sq Ft)
20130
Bedrooms
42
Bathrooms
23

The space

  • Land Size: 41863 Sq Ft

Amenities

  • Air conditioning

Description

Beautifully remodeled and cash-flowing, this 21-unit apartment complex is situated in a prime location just minutes from Galveston and Kemah.

Additionally, it offers convenient access to Highway I-45, making it an easy commute to prominent city landmarks such as the Space Center, Clear Lake, Pearland, and outlet malls.

Moreover, this property boasts AC/heating units, refrigerators, and stoves. It also features modern amenities such as an automatic privacy gate and security camera coverage for added safety. Ample parking spaces are available for residents and guests alike.

With existing term leases in place, this investment opportunity offers a great return. Consequently, it’s an ideal choice for turnkey investors seeking immediate cash flow.

  1. Prime Location: Situated just minutes from popular coastal attractions like Galveston and Kemah, the complex is in a highly desirable area, appealing to renters and potential buyers alike.
  2. Convenient Access: With easy access to Highway I-45, residents can quickly reach prominent city landmarks, making it an attractive option for commuters and those seeking convenience.
  3. Stable Income: Existing term leases provide a steady stream of income, ensuring predictable cash flow for investors.
  4. Turnkey Investment: With everything in place and operational, investors can start generating income immediately without the need for significant additional investment or renovations.
  5. Potential for Appreciation: Given its desirable location and modern features, there is potential for property value appreciation over time, offering long-term investment benefits.

Overall, the combination of location, amenities, stable income, and potential for appreciation make this property a compelling choice for investors seeking solid returns and minimal hassle.

For inquiries or further information, please don’t hesitate to contact Rico at 713-885-1292 or email rico@sanmore.com.

Sanmore.com