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Galveston Apartment complex for sale: $469,000

I just listed a great little 10 plex with 8 two bedroom and 2 one bedroom units. The little complex is always 100% rented with a waiting list and is just a few blocks to the beach. Features include plenty of parking, laundry facility, and gazebo with table. Most of the units have been updated and the two buildings have a new roof and brick front wall. All appliances stay with the apartments, and the income is GREAT! The units bring in over 76,000 a year with only 26,000 in expenses. The income per year will be over 50,000 after expenses. This great complex has room for rent increases and potential for the utility expenses to go down. Call Jason Keeling for more info at 409-750-2222

 
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Ryson Real Estate
Galveston, TX

Office Phone: (409) 515-1446
Cell Phone: (409) 750-2222

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