Investor opportunity in the desirable West End of Galveston! This portfolio includes 7 income-producing condos at The Palms, just a short walk from the beach—an ideal location for both long-term and future rental potential. The offering consists of three 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and one efficiency, providing a strong mix to appeal to a wide tenant base.
The Palms community offers attractive amenities including a community pool and fitness center, enhancing tenant retention and demand. Currently, the portfolio features two month-to-month leases and five one-year leases, allowing for immediate cash flow with tenants who wish to remain long-term, while still offering flexibility for future plans. Whether you’re expanding your investment holdings or seeking a value-add opportunity near the beach, this portfolio delivers location, stability, and upside in one smart package.
Location not available
Listing
Street
Satellite
Exterior Features
Style Traditional
Construction Condo
Siding CementSiding
Roof Composition
Garage No
Garage Description AdditionalParking, None
Water Public
Sewer PublicSewer
Interior Features
Appliances ElectricRange
Heating HeatPump
Cooling CentralAir, Electric
Fireplaces 1
Fireplaces Description GasLog
Year Built 1983
Neighborhood & Schools
Subdivision Palms At Cove View Condo
Elementary School GISD OPEN ENROLL
Middle School GISD OPEN ENROLL
High School BALL HIGH SCHOOL
Financial Information
Parcel ID 5577-0000-0406-000
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.