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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 12/22/2025 |
|---|---|---|---|
| TRACT | Palms At Cove View Condo | YEAR BUILT | 1983 |
| COMMUNITY | 33 | COUNTY | Galveston |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Gisd Open Enroll |
|---|---|
| Jr. High School | Gisd Open Enroll |
| High School | Ball High School |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Sewer |
| AREA | 33 |
| CONSTRUCTION | Cement Siding |
| HEAT | Heat Pump |
| HOA DUES | 3050|Monthly |
| LOT | 732 acre(s) |
| STORIES | 1 |
| SUBDIVISION | Palms At Cove View Condo |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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