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.
| Date | Event | Price |
|---|---|---|
| · | New | $165,000 |
| · | New | $158,800 |
| · | New | $169,900 |
| · | Lsd | $1,470 |
| · | New | $149,900 |
| · | New | $1,500 |
| · | Sld | $175,000 |
| · | Lsd | $1,100 |
| · | New | $149,900 |
| · | New | $120,000 |