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.
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UTR-Texas, Realtors is an independent real estate company with over 300 agents serving the Greater Houston Area. Our agents assist clients in Harris, Fort Bend, Brazoria, Galveston, Montgomery, and other nearby Counties. Our company ranks in the top 1% of over 3600 real estate offices who reported sales in the Houston area Multiple Listing Service since 2012 through today. Buying and selling real estate is an important decision. We know the process can be challenging. Our experienced agents will listen to your needs and goals and then help you reach them. Whether it is a $200,000 home, a $1,000,000 home, or a multi-million dollar commercial property, we have the experience and expertise to make the process easier for you.
3506 Cove View Blvd, Galveston, TX 77554. View photos, map, tax, nearby homes for sale, home values, school info...
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