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1st Floor - Unit 5
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Flex
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7,795 SF
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$3,400,000 USD
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Unit Size: 7,795 SF
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Condo Use: Flex
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Price: $3,400,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $436.18 USD
Description
Welcome to this stunning investment property that boasts 5 individual luxury townhomes in the heart of Port Aransas, TX. Ideally located on 11th St near beach access 1A! Property is zone for short- term rental. This 15 beds/15 bath complex is being sold as 1 unit to offer unmatched opportunity and flexibility for a boutique hotel or resort style vacation retreat. This property offers a private heated & chilled pool. Each unit is 3 bed/3 bath with two living spaces that can accommodate a variety of guest. Each unit is ~1550 sq ft.
Townhomes also have designated parking per unit. The HOA is in place but could be eliminated for added flexibility. This sale includes all fixtures and furniture, such as an industrial ice maker, smart car charging station, high end furniture and much more! Making this property convenient and turnkey, perfect for the busy investor! Don't miss out on this rare opportunity to own a unique in-town investment property! Schedule by appointment only
Sale Notes
Turnkey operation in place, all furniture included. Great 1031 opportunity! 2% Buyer Fee . Each unit Grosses around 75k per unit. Varies year to year.
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Charles Gallagher
Reliance Residential Realty