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1801 Rosenberg St
Galveston, TX 77550

$2,590,000 USD

Apartments For Sale • 8,082 SF

Property Details

Property Type Apartments
Total Building Size 8,082 SF
Lot Size 0.12 AC
Building Class B
Year Built 1970
Cap Rate 6.51 %
Zoning Multi-Family Commercial

0 Transit Score

82 Walk Score

                
                    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

Financial Summary (Proforma)

Net Operating Income: $168,729 USD (2024)

Cap Rate:	6.51 %
Total Expenses:	$24,471 USD

Amenities

Air Conditioning
Balcony
Dishwasher
Washer/Dryer
Ceiling Fans

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Kathy Tavasoli 713-818-7818 Kiani Realty

1801 Rosenberg St Galveston, TX 77550