516 Holiday Drive

Galveston, TX 77550

About this property

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.

About this property

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.

Features and Additional Information

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$2,500,000 Active
12,686 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Triumph Realty
1-409-777-3798
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Area Information

33 | Galveston County | Galveston Townsite

$ 2,500,000
This listing is play_arrow 657.6% higher than the average in the area
$ 330,000 in the area
12,686 SqFt
This listing is play_arrow 420.8% larger than the average in the area
2,436 SqFt in the area
$ 197 $/SqFt
This listing is play_arrow 45.5% more than the average in the area
$ 135 $/SqFt in the area
106 days on site
This listing is play_arrow 60.6% above the average in the area
66 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Audrey Lunstedt
Brokerage: Triumph Realty

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