3506 Cove View Boulevard

Galveston, TX 77554

About this property

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 beachan 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.

About this property

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 beachan 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.

Features and Additional Information

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$1,105,000 Active
5,175 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
UTR TEXAS, REALTORS
1-281-282-0935
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Area Information

33 | Galveston County | Palms At Cove View Condo

$ 1,105,000
This listing is play_arrow 630.8% higher than the average in the area
$ 151,200 in the area
5,175 SqFt
This listing is play_arrow 607.0% larger than the average in the area
732 SqFt in the area
$ 214 $/SqFt
This listing is play_arrow 3.4% more than the average in the area
$ 207 $/SqFt in the area
249 days on site
This listing is play_arrow 9.7% above the average in the area
227 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Tammy Petterson
Brokerage: UTR TEXAS, REALTORS

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