516 Holiday Drive,Galveston, TX 77550
Galveston, TX 77550
Description
Rare 20-unit multifamily opportunity in Galveston! 516 Holiday Dr features a desirable mix of one 3-bedroom unit, three 2-bedroom units, and sixteen 1-bedroom apartments, offering flexibility for a wide range of tenant needs. This asset provides immediate scale, multiple income streams, and long-term upside in one of the Texas Gulf Coast’s most recognizable rental markets. Conveniently located near Galveston’s beaches, employment centers, dining, shopping, entertainment, and major thoroughfares, the property is well-positioned for continued rental demand. Ideal for investors looking to expand their portfolio with a substantial multifamily asset in a high-demand coastal community. Buyer to independently verify all information, including unit count, rents, expenses, condition, zoning, and permitted uses.
Details
| MLS # | 74484509 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 106 |
| Listing Provided By | Triumph Realty | Audrey Lunstedt |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 12,686 |
| Story(s) | 2 |
| Units | 20 |
| Acreage | 10440.00 |
Parking
| Parking Features | Paved |
|---|
Taxes
| Tax Annual Amount | 33892 |
|---|
Area Information
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | East End |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $2,500,000 low | high Med: $330,000 sqft: 12,686 low | high Med: 2,436 $ / sqft: $197 low | high Med: $135 On site: 106 low | high Med: 66 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Galveston |
| City | Galveston |
| Zip Code | 77550 |
| Area | 33 |
| Subarea | East End |
| Community Name | Galveston Townsite |
| Listing VS Median (in Galveston Townsite) | |
Price: $2,500,000 low | high Med: $330,000 sqft: 12,686 low | high Med: 2,436 $ / sqft: $197 low | high Med: $135 On site: 106 low | high Med: 66 | |
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